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WEKU
WEKU
Politics
Alina Selyukh

The State of 'Shrinkflation': Why Biden called out skimpy bags of potato chips

Lay's potato chips are on sale at a California grocery store in February 2023. (Justin Sullivan/Getty Images)

During his State of the Union address, President Joe Biden reached for one of his top recent peeves: shrinkflation.

"Too many corporations raise prices to pad the profits, charging more and more for less and less," Biden said. He complained about skimpier Snickers bars and added: "The snack companies think you won't notice if they change the size of the bag and put a hell of a lot fewer — same size bag — put fewer chips in it."

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