Just saying the average Joe and Sally Sixpack out there will see a 47% decline in consumption coupled with a 150% increase in the retail price, and will then begin entertaining every kind of conspiracy theory. They aren’t going to stop and put it to a macroeconomic analysis.
It doesn’t help that the President of the United States is out there with remarks that prove once more that he is no more than a demagogue.
Speaking of six-packs, have you checked out the prices of decent beers lately? I paid $9 for a six-pack of Blue Moon last weekend.