Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

ck4829

(35,902 posts)
Fri Mar 15, 2024, 02:57 AM Mar 2024

You're Not Imagining It; Shrinkflation Is Real

Cookie Monster recently complained on social media that his favorite food was getting smaller. "Me hate shrinkflation!" the fuzzy blue monster declared. "Guess me going to have to eat double da cookies!"

President Biden promised to sign a bill banning it during his State of the Union address.

Shrinkflation isn't new. It's been happening for years. But people seem to be paying more attention right now amidst high food prices and inflation. And the White House is clearly aware of that.

After years of rising prices, many Americans are fed up with paying more and getting less. Will the pendulum ever swing back?

https://www.npr.org/2024/03/13/1198910739/consider-this-shrinkflation-is-real

12 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
You're Not Imagining It; Shrinkflation Is Real (Original Post) ck4829 Mar 2024 OP
It's true. Ice cream used to come in pint containers of 16 ounces... brush Mar 2024 #1
Nothing we can do? Think. Again. Mar 2024 #3
We could do that, but I doubt they'll replace the 2 missing ounces. brush Mar 2024 #4
Well, I guess if they're not willing to give up the profit of 2oz... Think. Again. Mar 2024 #5
We landed on the moon and ended smallpox, I think we can do something about this too ck4829 Mar 2024 #10
What do you suggest? I'm listening. brush Mar 2024 #11
Carry on as best as possible. The damage is done. brush Mar 2024 #12
Cookie Monster should have said... Think. Again. Mar 2024 #2
Coffee no_hypocrisy Mar 2024 #6
And profit margins are soaring. Think. Again. Mar 2024 #7
That's true... Wuddles440 Mar 2024 #9
It even trickles down to local businesses (or so they say) Alliepoo Mar 2024 #8

brush

(57,471 posts)
1. It's true. Ice cream used to come in pint containers of 16 ounces...
Fri Mar 15, 2024, 03:15 AM
Mar 2024

those same containers, same branding and graphics, are now 14 ounces. You notice it's slightly smaller, but there's nothing you can do.

Think. Again.

(17,926 posts)
3. Nothing we can do?
Fri Mar 15, 2024, 03:42 AM
Mar 2024

Any market depends on supply and demand.

If we stop demanding ice cream at this price, the supplier will have to make the price more appealing if they want to actually sell it.

Think. Again.

(17,926 posts)
5. Well, I guess if they're not willing to give up the profit of 2oz...
Fri Mar 15, 2024, 03:56 AM
Mar 2024

...and would rather go out of business, there's always the home ice cream machine manufacturers.

ck4829

(35,902 posts)
10. We landed on the moon and ended smallpox, I think we can do something about this too
Fri Mar 15, 2024, 09:22 AM
Mar 2024

Or are we just content with not doing anything? Just lay back and accept abuse after abuse?

brush

(57,471 posts)
12. Carry on as best as possible. The damage is done.
Fri Mar 15, 2024, 01:23 PM
Mar 2024

Hope Garland has the good sense to resign on the first day of Joe's second term as IMO he hasn't done a good job.

We had a nationally televised coup attempt and none of the principal planners, especially trump, have been tried more than 3 years later.

We all saw it.

no_hypocrisy

(48,778 posts)
6. Coffee
Fri Mar 15, 2024, 04:03 AM
Mar 2024

30+ years ago, you could buy a three-pound bag of coffee beans at the A&P for $4.99 on sale. Then it was $4.99 for two pounds. Last time I looked less than a pound for $5.99.

Same with canned ground coffee. 36 ounces for $4.99. Now it's 10 ounces for $5.99.

Wuddles440

(1,404 posts)
9. That's true...
Fri Mar 15, 2024, 08:39 AM
Mar 2024

and you also need to adjust for the cost of money over 30 years. $4.99 in 1994 is equivalent to $10.38 in 2024. Using your example the price per pound now should be around $3.46, so it's roughly doubled in price during that time frame.

Alliepoo

(2,488 posts)
8. It even trickles down to local businesses (or so they say)
Fri Mar 15, 2024, 05:52 AM
Mar 2024

At our “locally owned” Dairy Queen as the recorded greeting says, a box of 6 Dilly bars used to be $6.99 before Covid. When the Covid supply chain issues began they raised the price to $9.00 citing the supply issues. So-a pretty big jump but at the time I suppose it wasn’t questioned all that much. I stopped at the DQ drive thru a couple of days ago for Dilly bars and a small milkshake for my grandson who is sick and the total was $17.65. Thinking a mistake was made I asked at the window and the girl told me the price of Dilly bars is now $13.65. I asked if there were more bars in the box and she said there are still 6 bars. I was gobsmacked. She said their supplier raised prices so they had to raise prices. I think that’s a pretty hefty price hike and Dilly bars have doubled in price over these last 4 years. I know I won’t be buying Dilly bars any more.

Latest Discussions»Issue Forums»Occupy Underground»You're Not Imagining It; ...