Speaking of awful candidates that were thoroughly exposed in the debates.https://reason.com/2024/02/07/elizab...lame-shifting/
Do you hate it when the big bag of chips you bought turns out to contain mostly air inside? Well, Sen. Elizabeth Warren (D–Mass.) does, and she's crusading to end this injustice.
In a series of tweets and videos over the past few days, Warren has come out swinging against the "shrinkflation" of Doritos, Oreos, and other store-bought products whose sizes have shrunk even as their prices remain the same.
"These big corporations are shrinking how much they give us, but they're charging the same amount or sometimes even more. Corporate executives thought we wouldn't notice, but they're wrong," said Warren in a video posted to X (formerly known as Twitter) earlier this week.
Another word for shrinkflation is an obscure concept economists call "inflation"—where general price increases erode the purchasing power of consumers' dollars. Inflation can appear when the price of a same-sized bag of chips increases, and when the size of a same-priced bag of chips decreases. Both phenomena are still just the per-unit cost of a good increasing.
Warren's rant about shrinking Oreo packages is just the senator's way of adding a conspiratorial gloss to the painfully obvious effects of decades-high inflation the country's lived through during and after the pandemic.
But one doesn't need conspiracy theories to explain recent inflation. The federal government's $4 trillion in fiscal stimulus during the pandemic put a lot of cash in people's hands right as production was falling. The inevitable result of more money chasing fewer goods is higher inflation.
The Biden administration and a Democratic Congress made things even worse by passing a $1.9 trillion American Rescue Plan in March 2021, when an economic recovery was already underway.
Warren supported all these massive spending bills and at times even advocated for more generous spending on things like rent subsidies. If the senator is looking for someone to blame for shrinking cookie packages, she need only look in the mirror.
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Another gem from Elizabeth Big Sandwich Warren
But just imagine how many new bureaucrats we could put to work counting the amount of Doritos per bag, ensuring the government set Dorito per bag minimum is properly reached. Jobs!