People feel about "shrinkflation" as if it were something criminal. And not unreasonably.
But whoever thought of it -- whatever exec first had the idea, "We can sell less of the product per packaged unit at the same price -- most people won't even notice!" -- we may be sure that person got a bonus and a promotion.
It's simply the logic of capitalism.
And the same reasoning applies to everything the health-insurance industry is doing. Of course the CEOs are scumbags, they could not rise so high if they weren't.
But whoever thought of it -- whatever exec first had the idea, "We can sell less of the product per packaged unit at the same price -- most people won't even notice!" -- we may be sure that person got a bonus and a promotion.
It's simply the logic of capitalism.
And the same reasoning applies to everything the health-insurance industry is doing. Of course the CEOs are scumbags, they could not rise so high if they weren't.