Wednesday, May 25, 2022
68.5 F
Oxnard
More

    Latest Posts

    Goodbye Constitution Freedom America by Don Jans

    Doritos Cuts Number of Chips in Each Bag, Blames Bidenflation

    Philip Caldwell, Washington Free Beacon

     

    Doritos chips
    Doritos chips

    Food company Frito-Lay has cut down the number of chips in each bag of Doritos as record inflation has raised production expenses.

    A bag of Doritos has five fewer chips than it used to, the company told Quartz. “Inflation is hitting everyone. … We took just a little bit out of the bag so we can give you the same price and you can keep enjoying your chips,” a Frito-Lay representative said.

    Other ubiquitous consumer products have fallen victim to “shrinkflation,” Quartz reported. Bounty has cut three sheets from each roll of paper towels, and a box of Wheat Thins now has 28 fewer crackers.

    Under the Biden administration, inflation has skyrocketed. Inflation reached a 40-year high last month, even before Russia’s invasion of Ukraine caused energy prices to surge. The cost of food accounts for much of the inflation, with grocery prices up 8.6 percent from last year.


    Get Citizensjournal.us Headlines free  SUBSCRIPTION. Keep us publishing – DONATE

    - Advertisement -

    1 COMMENT

    1 1 vote
    Article Rating
    Subscribe
    Notify of
    guest
    1 Comment
    Newest
    Oldest Most Voted
    Inline Feedbacks
    View all comments
    Shirley
    Shirley
    2 months ago

    PepsiCo, which owns Frito Lay, profits rose 12.4% to $25.25 billion. So, the fewer chips is just more profit.
    Proctor and Gamble, which owns Bounty paper towels, profits rose 6.12% to $20.95B, net profit margin is 20.15%, which is up 3.23%. Net change in cash +1.17 billion, up $180.81% since March 2021. So, 3 less sheets is inflation, not profiteering.

    Latest Posts

    advertisement

    Don't Miss

    Stay in touch

    To be updated with all the latest news, offers and special announcements.