Well, Lawrence, I think what's at stake is for so many years now, these companies have been shrinking their product but not shrinking the price. So that's the basic ripoff that we're talking about here. That's why I have legislation to deal with [Shrinkflation and Greedflation]. it. But I think in a larger sense, it's about a much, much greater problem, which is Greedflation, which is big corporations jacking up their prices, the cost of food, the price of household items, and raising those prices way above their costs. (00:25–00:27)
CLAIM
Asserts that Bob Casey Jr. has proposed legislation to address Shrinkflation and Greedflation.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
