{"id":2196951,"date":"2024-03-11T19:28:02","date_gmt":"2024-03-11T23:28:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/snickers-denies-bidens-sotu-claim-that-it-reduced-candy-bar-sizes-due-to-shrinkflation\/"},"modified":"2024-03-11T19:31:23","modified_gmt":"2024-03-11T23:31:23","slug":"snickers-denies-bidens-sotu-claim-that-it-reduced-candy-bar-sizes-due-to-shrinkflation","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/snickers-denies-bidens-sotu-claim-that-it-reduced-candy-bar-sizes-due-to-shrinkflation\/","title":{"rendered":"Snickers denies Biden&#8217;s claim of downsizing due to &#8216;shrinkflation"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fsnickers-denies-bidens-sotu-claim-that-it-reduced-candy-bar-sizes-due-to-shrinkflation%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2196951&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><html><body><\/p>\n<div class=\"entry-content\">\n<figure class=\"wp-block-image size-large is-resized\"><figcaption class=\"wp-element-caption\">BERLIN, GERMANY \u2013 FEBRUARY 23:  In this photo illustration Snickers and Mars \u2063chocolate bars lie on a table on February 23, 2016 in Berlin, Germany. (Photo by Sean Gallup\/Getty Images)<\/figcaption><\/figure>\n<p>OAN\u2019s <a href=\"https:\/\/www.oann.com\/tag\/elizabeth-volberding\">Elizabeth \u2062Volberding<br \/><\/a>4:28 PM \u2013 Monday, March 11, 2024<\/p>\n<p>United States President\u2063 Joe Biden criticized Snickers\u2063 during his State \u2062of the Union address last week, claiming that the candy company reduced the size of its products while charging the same amount, known as \u201cshrinkflation.\u201d<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-3\" style=\"min-width: 320px; min-height: 50px; text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-3'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>During his State of the Union Address last week, Biden highlighted Snickers as an example of \u201cshrinkflation,\u201d however, the candy bar\u2019s manufacturer refuted \u2064claims that it has been covertly shrinking the size\u2062 of its chocolate bars.<\/p>\n<p>In \u2062a statement, the \u200cmanufacturer of the Snickers candy bar denied that they had \u201cshrinkflation,\u201d shrinking the size of their product while selling it at the \u2064same price.<\/p>\n<p>Biden continued to\u2062 claim that snack manufacturers are charging the same price for less product and he even urged Congress to enact legislation that \u2062could\u200b combat alleged \u201cshrinkflation.\u201d<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cIn fact, the snack companies think you won\u2019t notice if\u2062 they change the size of the \u2063bag and \u2063put a\u200b hell of a lot \u2062fewer \u2014 same \u2014 same size bag \u2014 put fewer chips in it. No, I\u2019m not\u200c joking. It\u2019s called shrinkflation,\u201d Biden said during\u2064 his speech. \u201cYou probably all saw that commercial \u2064on Snickers \u2062bars. And you get \u2014 you get charged the same amount,\u2062 and you got about, I don\u2019t know, 10 percent fewer Snickers in it.\u201d<\/p>\n<\/blockquote>\n<p>However, the company\u2019s manufacturer, Mars, Inc., denied the allegation in a statement shared to X (Twitter).<\/p>\n<blockquote class=\"wp-block-quote\">\n<p>\u201cWe have not\u200c reduced the size of Snickers singles for share size in the U.S. Like many industries, \u2063we \u2062continue to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-officials-doing-damage-control-ahead-of-recession-numbers\/\" title=\"Biden\u2019s officials doing damage control ahead of recession numbers\">face high inflation<\/a> and spikes in material costs; however, we work to absorb these extra costs wherever possible to provide affordable treats and the best value,\u201d the company said in a <a href=\"https:\/\/twitter.com\/ScottJenningsKY\/status\/1766473852442284445\" target=\"_blank\" rel=\"noreferrer noopener\">statement<\/a> to <em>CNN<\/em> correspondent \u2062Scott \u200cJennings. \u201cFinal \u200bprices are \u2063always at the discretion of the retailer,\u200c but we make\u200c every effort to minimize costs to provide a full range \u2062of delicious products.\u201d<\/p>\n<\/blockquote>\n<blockquote class=\"wp-block-quote\">\n<p>Scott Jennings captioned the \u2064post, \u201cAs I suspected. The president is literally slandering a candy bar. Will literally\u2064 slander anything and anyone. Total hack.\u201d<\/p>\n<\/blockquote>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote data-service=\"twitter\" data-category=\"marketing\" data-placeholder-image=\"https:\/\/c3.oann.com\/wp-content\/plugins\/complianz-gdpr\/assets\/images\/placeholders\/twitter-minimal.jpg\" class=\"cmplz-placeholder-element twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As I suspected. The president is literally slandering a candy bar. Official statement\u2062 given to me by the \u2066Mars\/Snickers people. Will literally slander anything and anyone. Total hack. <a href=\"https:\/\/t.co\/6DiJ1Ld6EH\">pic.twitter.com\/6DiJ1Ld6EH<\/a><\/p>\n<p>\u2014 Scott Jennings (@ScottJenningsKY) <a href=\"https:\/\/twitter.com\/ScottJenningsKY\/status\/1766473852442284445?ref_src=twsrc%5Etfw\">March 9, 2024<\/a><\/p><\/blockquote>\n<p><script type=\"text\/plain\" data-service=\"twitter\" data-category=\"marketing\" async data-cmplz-src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script> <\/div>\n<\/figure>\n<p>Stay informed!\u200c Receive breaking news blasts directly\u200c to your inbox for free. Subscribe here. <a href=\"https:\/\/www.oann.com\/alerts\">https:\/\/www.oann.com\/alerts<\/a><\/p>\n<\/p>\n<div id=\"rc-widget-10bad2\" data-rc-widget data-widget-host=\"habitat\" data-endpoint=\"\/\/trends.revcontent.com\" data-widget-id=\"278641\"><\/div>\n<p class=\"dpsp-share-text\" style=\"margin-bottom:10px\"> \t\t \t\tShare this post!\t<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>A new documentary, The Relentless Patriot,\u00a0 about artist Scott Labaido is set to premier \u2063at Mar-a-lago on March 13th. <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>It might be a rough day\u00a0for some, but\u00a0a celebration for many!<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>One medical expert says national panic could set in \u200cafter the 2024 \u200belection concludes. Here\u2019s\u2063 One America\u2019s Nathaniel Mannor.  <\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>with Rep. Steve Toth<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Reddit is aiming for a valuation of up to $6.4 billion in its U.S. initial public offering.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Elon Musk said on Monday his artificial\u2064 intelligence\u2064 startup xAI would open-source its ChatGPT challenger \u201cGrok\u201d this week.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>UnitedHealth Group is likely to\u2063 need several months to make \u2063a full recovery from one of \u2063the most disruptive hacks against America\u2019s healthcare infrastructure.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p>Google has been touting the myriad innovations in the first <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gop-torn-over-term-limits\/\" title=\"GOP Torn Over Term Limits\">building wholly designed<\/a> and built by the web giant.<\/p>\n<\/p><\/div>\n<p> rnrn  <\/p>\n<h2> What are the potential implications and consequences of\u200c President Biden&#8217;s call for legislation against shrinkflation in the snack industry<\/h2>\n<p><span>  \u2062 Title: Snickers Denies &#8220;Shrinkflation&#8221; Allegations Raised by President Biden<\/p>\n<p>Introduction:<\/p>\n<p>In his recent State \u200cof the Union address, President Joe Biden \u2062criticized Snickers, a popular candy brand, for practicing \u2063&#8221;shrinkflation.&#8221; The \u2063President alleged that the chocolate bar manufacturer\u2064 reduced the size of its products while maintaining \u2063the same price. However,\u200c the company&#8217;s manufacturer, Mars, Inc., has denied these claims, asserting that they\u200d have not engaged in any covert shrinking\u2064 of\u2062 their chocolate bars. The \u2063dispute \u200bbetween the President and\u200b the candy company has now\u2062 drawn attention to the issue of shrinkflation\u2063 in the \u2062snack industry.<\/p>\n<p>Shrinkflation Explained:<\/p>\n<p>Shrinkflation refers to a marketing strategy employed by companies that involve reducing the weight or size of a product while keeping the price unchanged.\u2063 This practice allows manufacturers to maintain profit margins despite rising production costs.\u200c While \u200bit \u200cis not exclusive to the snack industry, snack products often fall under scrutiny due\u200d to their popularity and widespread consumption.<\/p>\n<p>President Biden&#8217;s Remarks:<\/p>\n<p>During his address, President Biden singled\u2064 out \u200dSnickers as an example\u200c of shrinkflation within the snack industry. He accused\u2064 snack\u2062 manufacturers of charging the same price while offering less product. The President even urged\u200d Congress to consider enacting legislation to combat this alleged\u200c practice.<\/p>\n<p>Mars, Inc.&#8217;s Response:<\/p>\n<p>Mars, Inc., the manufacturer\u2063 of Snickers, quickly denied President Biden&#8217;s \u200dallegations in a statement shared on Twitter. They\u200b stated that they have not reduced the size\u200d of Snickers singles or share-sized bars in the United\u2064 States.\u200d Mars acknowledged that,\u2064 like many\u2064 industries, they are\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/hunt-hemmed-in-by-debt-set-to-focus-on-growth-in-uk-budget\/\" title=\"Hunt, hemmed in by debt, set to focus on growth in UK budget\">facing high inflation<\/a> and spikes in material costs. However, the company assured consumers that they \u2064work to absorb these extra costs to provide affordable treats and maintain the\u2064 best value.<\/p>\n<p>Dispute on Social Media:<\/p>\n<p>The dispute between \u200dthe\u2062 President and the candy company gained further attention when CNN correspondent Scott Jennings shared Mars,\u2062 Inc.&#8217;s statement on Twitter.\u2064 He criticized President\u2062 Biden&#8217;s remarks, stating that the President was slandering a candy bar and calling \u2062him a &#8220;total hack.&#8221; The tweet received attention\u200b from various individuals, drawing mixed reactions among social media users.<\/p>\n<p>Conclusion:<\/p>\n<p>The allegation of shrinkflation made by President Joe Biden \u2063against Snickers has brought the\u200b practice into the spotlight. While the President claimed that\u2063 snack manufacturers are reducing product sizes while charging the same price, Mars, Inc. has vehemently denied engaging in such practices. As the debate continues, it raises\u2063 important questions about consumer trust, industry practices, and the\u200c need for \u200ctransparency in product packaging and pricing. It remains to be seen whether further investigations or actions will result from President Biden&#8217;s call for legislation against alleged shrinkflation practices in the snack industry.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Night, stating that the popular chocolate bar contributes to obesity. This comment sparked a debate on social media, with some defending Snickers as a beloved treat while others agreed with Biden&#8217;s concerns. The impact of this criticism on Snickers&#8217; reputation and sales remains to be seen<\/p>\n","protected":false},"author":2368,"featured_media":2196952,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-511835478-scaled-e1710197842946.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-2196951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/c3.oann.com\/wp-content\/uploads\/2024\/03\/GettyImages-511835478-scaled-e1710197842946.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2196951","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2368"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2196951"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2196951\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2196952"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2196951"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2196951"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2196951"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}