2/06/2013

Obamacare increasing prices at a grocery store near you

Note that Restaurants could have provided this information on their own without the law if their customers valued the benefits from this labeling more than the costs.  It appears as if the restaurants wanted this in law because it hurt their competitors more than it hurt them.  From Fox News:
Supermarket owners argue a pending federal food-labeling rule that stems from the new health care law would overburden thousands of grocers and convenience store owners -- to the tune of $1 billion in the first year alone. . . .   
The rule stems from an ObamaCare mandate that restaurants provide nutrition information on menus. Most in the restaurant industry were supportive of the idea, but when the FDA decided to extend the provision to also affect thousands of supermarkets and convenience stores, the backlash was swift.   
The proposed regulation would require store owners to label prepared, unpackaged foods found in salad bars and food bars, soups and bakery items. Erik Lieberman, regulatory counsel at the Food Marketing Institute, said testing foods for nutritional data will require either expensive software or even more costly off-site laboratory assessments. . . .

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