Williamsport, Pa. — Area small businesses are facing the heat of price inflation, putting them at the mercy of a marketplace designed to serve big business.
The president's rant against companies is a weak attempt to distract us from the fact that his (and his predecessor's) excessive spending policies during the pandemic caused the inflation.
The president criticized companies for selling "smaller-than-usual products" whose "price stays the same." But it was his and his predecessor's spending policies that caused the underlying issue.
In a time when every penny counts, President Joe Biden is calling out a subtle but growing trend that hits consumers where it hurts most: their wallets. Dubbed shrinkflation, the practice of reducing product sizes while keeping prices steady is drawing the ire of the White House. From everyday snack aisles to the freezer section, Americans are getting less for the same price, a move Biden labels as a corporate sleight of hand at the expense of the public. In a recent address to MGM Resorts Manag