Ricochet is the best place on the internet to discuss the issues of the day, either through commenting on posts or writing your own for our active and dynamic community in a fully moderated environment. In addition, the Ricochet Audio Network offers over 50 original podcasts with new episodes released every day.
File under “you spent your entire life working towards the presidency to do this?” From Politico:
The Obama administration will unveil the most sweeping update to nutrition labeling on food packages in more than two decades on Thursday — and Americans are in for a reality check about how many calories and how much sugar they are consuming.
What’s considered a serving size would get larger, the type used to display calories would get bolder and added sugars would have to be listed on roughly 700,000 consumer products — from cereal to energy drinks — in a proposal set to be released by the Food and Drug Administration, senior administration officials revealed in a call with reporters Wednesday.
Bolder fonts!? Larger serving sizes!? Consider your world rocked, America!
Of course, this is really about the children:
“Our guiding principle here is very simple: that you as a parent and a consumer should be able to walk into your local grocery store, pick up an item off the shelf and be able to tell whether it’s good for your family,” [Michelle] Obama says in a statement. “So this is a big deal, and it’s going to make a big difference for families all across this country.”
A couple of things:
1. You can already “walk into your local grocery store, pick up an item off the shelf and be able to tell whether it’s good for your family.” Reading this statement, you’d think the food companies found a loophole in the regulations and had been printing all the nutritional data in Cyrillic.
2. Am I the only one a little put off by having a policy shift explained to me by the First Lady’s office? No one elected you to anything. I have no more interest in your views on food labeling than I do on Sasha and Malia’s take on infrastructure spending (for the record, they’re both bad on Davis-Bacon).
This would be one thing if it was just annoyingly interventionist. It also happens to be pretty expensive:
Industry groups are already looking at a long list of food policy changes from the Obama administration, including a proposed trans fat ban, major new food safety regulations and forthcoming restaurant menu-labeling requirements. The FDA estimates the Nutrition Facts overhaul alone will cost the industry about $2 billion.
And what does $2 billion get you these days? The difference seen here (the current version is on the left, the proposed new version is on the right):
Once again, that’s $2 billion. With a ‘B.’