This item came across my computer screen earlier this morning, from Steve Burke via Jim Geraghty:
Any day now, the Food and Drug Administration (FDA) is expected to rule on Section 4205 of The Patient Protection and Affordable Care Act (i.e., ObamaCare), a one-size-fits-all menu labeling regulation, that requires restaurants, including franchised chains with 20 or more locations, to post calorie and nutritional information for all of their products on in-store menu boards costing locally owned businesses up to $4,000 per year. For a company like Domino’s, a company that already posts an online calorie calculator, that means in-store menu boards for all of its 34 million pizza combinations. Additionally, ninety percent of their customers, who get their food delivered, will never step foot inside the store to see the signs. For some supermarkets it could mean providing calorie information for every combination of cakes and pies (assuming the store has a bakery) as well as every combination that can be put together at a salad bar.
The Office of Management and Budget (OMB) ranked this menu labeling regulation as the third most costly rule enacted during FY 2010.
The Washington Times wrote an editorial on this last week.
It’s an outrage on many levels, of course. But, at least on one, it’s also a delight: Some larger or smaller number of marginal pizza operations will probably go out of business. However, those that survive will simply pass their increased costs on to their customers. And that’s perfectly fine with me: Unmarried college kids evidently turned out in large numbers to vote for Barack Obama. I say, therefore, let their pizza prices go sky high. Who cares? Hit them where it truly hurts!
It’s rather like increasing taxes on the “rich.” Mr. Obama plainly thinks that anybody who makes $250,000 or more per year — including small business owners, whose personal income is misleadingly inflated because their business income is often commingled with it before employees are paid and costs are covered — is enormously wealthy. Increasing taxes on such people will almost certainly damage both them and our economy, and to very little productive purpose, if any. But perhaps a compromise can be worked out. How about increasing the taxes on those who make a million or more each year? I’m told that eight of the ten wealthiest counties in America went for Obama — repeat to yourself, now, that the Republican Party is the party of the rich, and keep on repeating it until it actually becomes true – so I really don’t mind increasing their taxes. They voted for this, so they should get it. In spades. Soak them! In fact, I would be in favor of confiscating everything Michael Moore and Warren Buffett own. But, you say, it wouldn’t run the federal government for more than a few minutes? So what? The revenue from Mr. Obama’s proposed tax increase on the top 2% will, if it garners as much revenue as it possibly can, keep the feds in business for approximately 8.5 days. This plainly isn’t about fiscal sanity or economics. It’s about jealousy and revenge. And, now, I say that what’s sauce for the goose is sauce for the gander. Punish wealthy liberals!