Snickers Comments On Claim
We’ve got an interesting story that didn’t make many headlines, but it’s definitely worth your attention. During one of President Biden’s speeches, he made a bold claim that Snickers bars are getting smaller due to corporate greed. Let’s dive into the details.
Biden pointed out that many corporations are hiking prices to boost their profits while giving consumers less. He specifically mentioned the snack industry, claiming that companies are charging the same amount for snack bags but with fewer contents. “You get charged the same amount and you got about 10% fewer Snickers in it,” he stated, urging Congress to pass Senator Bob Casey’s bill to tackle “shrinkflation.”
Biden complains about ‘Bidenomics’ at the State of the Union
“Snickers bars! You get charged the same amount and you got about, I don’t know, about 10% fewer Snickers in it!” pic.twitter.com/VJxedAsRTw
— Breaking911 (@Breaking911) March 8, 2024
But here’s where things get spicy. Scott Jennings, one of the few conservative voices left at CNN, decided to dig a little deeper. Instead of taking the President’s word for it, Jennings contacted Mars Candy, the company behind Snickers. And guess what? Mars refuted Biden’s claim. They stated, “We have not reduced the size of Snickers or share size in the US. Like many industries, we continue to face high inflation and spikes in material costs; however, we work to absorb these extra costs wherever possible to provide affordable treats and the best value. Final prices are always at the discretion of the retailer, but we make every effort to minimize costs to provide a full range of delicious products.”
As I suspected. The president is literally slandering a candy bar. Official statement given to me by the Mars/Snickers people. Will literally slander anything and anyone. Total hack. pic.twitter.com/6DiJ1Ld6EH
— Scott Jennings (@ScottJenningsKY) March 9, 2024
So, what’s going on here? Biden’s attempt to pin economic woes on corporate practices like shrinkflation seems to have missed the mark like just about everything else in his administration.