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Sunday, May 6, 2018

Menue Crime

For John, BLUFThe Federal Government trying to make up for deficiencies in what your Mother (or your schooling) taught you about nutrition.  Nothing to see here; just move along.

From The Foundation for Economic Education, by Ms Michelle Minton, 5 May 2018.

Here is the lede plus five:

Within days, chain restaurants and grocery stores nationwide will have to comply with a high-cost, low-value Obamacare menu-labeling mandate.  Failure to comply with the law could land shop owners in prison for a year with a fine of up to $100,000.

The controversial provision within the Affordable Care Act goes into effect on May 7 and requires food service businesses with 20 or more locations to list nutritional information for food items on all signs and printed menus.  Congress had many chances to amend the rule, to make it more flexible, and reduce the 14.5 million hours the Office of Management and Budget estimated it would take to comply with the mandate.  But, despite bipartisan support, lawmakers failed.

So, I looked at 14.5 million hours and divided by 2200 (hours in a work year) and got some 6590 person-years of work.

Then I applied the Democratic Party Consensus minimum wage ($15 per hours) and got a cost of $217,500,000 dollars total.

The odds I will actually consume the information—<0.1%.

As for the punishment, I wonder if that is a real judge or an Administrative Law Judge?  Given what Drunk Drivers get in our Commonwealth, I wonder if the punishment in this case is proportional to the crime.

Regards  —  Cliff

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