When Government Subsidies Stopped, Doritos Got 15% Cheaper
Timing tells the real story…
James Hickman (aka Simon Black) | Sovereign Man
PepsiCo spent $2.8 million last year lobbying to keep junk food eligible for food stamps.
But last week— after Health and Human Services Secretary Robert F. Kennedy Jr. got 18 states to ban SNAP purchases of products like soda, candy, and processed snacks— PepsiCo announced price cuts of up to 15% on Doritos, Lay’s, Tostitos, and other Frito-Lay products.
The company’s official explanation was “affordability.” CEO Ramon Laguarta cited low-income consumers are switching to store brands.
Read Full Article: https://www.thelibertybeacon.com/when-government-subsidies-stopped-doritos-got-15-cheaper/
