‘Me hate shrinkflation!’: Cookie Monster complains about US economy, White House responds
Sesame Street’s Cookie Monster Eileen Blass USA Today Via Imagn Content Services LLC
Story posted for: Somepeopleareworthless🤮
Cookie Monster’s cookies are getting smaller, and he’s saying the culprit is “shrinkflation!”
The blue muppet from “Sesame Street” voiced his thoughts about inflation, or what he called “shrinkflation,” Monday morning in an X post.
“Me hate shrinkflation! Me cookies are getting smaller,” Cookie Monster said.
Me hate shrinkflation! Me cookies are getting smaller. 😔
— Cookie Monster (@MeCookieMonster) March 4, 2024
The muppet’s solution to “shrinkflation” was, of course, to eat more cookies.
“Guess me going to have to eat double da cookies,” Cookie Monster said in a separate X post.
Muppets on X:Elmo asks the internet ‘How are you doing?’ Turns out, they’re not doing great.
White House replies to Cookie Monster
Hours after Cookie Monster spoke out against “shrinkflation,” President Joe Biden and the White House responded to the muppet on X.
“C is for consumers getting ripped off,” the White House’s X account shared. “President Biden is calling on companies to put a stop to shrinkflation.”
C is for consumers getting ripped off.
President Biden is calling on companies to put a stop to shrinkflation. https://t.co/4bkX8o3irI
— The White House (@WhiteHouse) March 4, 2024
Cookie Monster’s comments came a day before Biden announced a strike force to combat illegal and unfair pricing.
“President Biden is committed to making sure corporations are held accountable when they try to rip off Americans, including when they break the law while keeping prices high,” according to a White House news release.
The strike force, which the DOJ and FTC will co-chair, will “strengthen interagency efforts to root out and stop illegal corporate behavior that hikes prices on American families through anti-competitive, unfair, deceptive, or fraudulent business practices,” the White House’s release said.
Are cookies becoming more expensive?
Daniel Zhao, lead economist and senior manager on Glassdoor’s economic research team, responded to Cookie Monster with some good news.
In a post on X, Zhao said, “Cookie Monster may be upset given cookie inflation spiked in ’22, peaking at +19% (year-over-year) in Nov ’22.”
Zhao then offered a somewhat positive outlook by saying, “Cookie inflation is down to a placid +0.5% (year-over-year) as of Jan 2024, but prices are still up +28% vs pre-Covid.”
Cookie Monster may be upset given cookie inflation spiked in ’22, peaking at +19% yoy in Nov ’22.
Cookie inflation is down to a placid +0.5% yoy as of Jan 2024, but prices are still up +28% vs pre-Covid.
But that’s tough for somebody whose consumption basket is 100% cookies. https://t.co/Nj4M8PSiEI pic.twitter.com/DYcOFctjSE
— Daniel Zhao (@DanielBZhao) March 4, 2024
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