Food prices at 3 year high —now add FDA’s new “war on salt…”
(CUSA) – Government regulation beyond a functional minimum causes suffering to consumers and employees alike.
Consumers because they bear the brunt of the increased costs associated with government interference and employees because they are the first ones to go in bad economic times —which would be now.
In a piece at the Independent Women’s Forum, Julie Gunlock shows what is happening in the world of food pricing:
Food prices continue to go up and consumers are feeling the pinch. According to the Bureau of Labor Statistics, the price of food has spiked to its highest rate since September 2011.
Consumers are now paying more for such staples as ground beef, chicken and turkey, eggs, bacon, citrus fruit, coffee, peanut butter, and margarine.
Normally, politicians would try to alleviate this financial strain on American families. Yet, this administration seems to want to make food more expensive.
The reasons for the spike are many and related to the global economic downturn, but new FDA “voluntary guidelines” are being promulgated to cut sodium despite mounting evidence that current low-sodium guidelines are excessive:
According to a new study from researchers at the University of Copenhagen Hospital in Denmark and published in the American Journal of Hypertension, the daily salt intake guidelines offered by the Centers for Disease Control and Prevention (currently set at 2,300 mg per day for people under 50 years old, and less than 1,500 mg per day for people over 50 years old) are “excessively and unrealistically low.”
This is offensive for several reasons. First, low-sodium options are widespread in grocery stores. More insidiously, however, the are “voluntary “because they know that they could never force-feed them to American companies:
Consumers should also know obedience to these “voluntary” guidelines will come at a cost — specifically higher prices at the grocery store and in restaurants as companies will be forced to invest more in research, testing and product development.
And if you prefer to support your local and mom-and-pop brands, prepare to switch to bigger brands as these types of regulations come at a particularly high price to smaller manufactures that simply do not have the resources to comply.
Nonetheless, they will strong-arm every chance they get to the likely cost of tens of millions of dollars, said one industry insider.
In other words, looks for even higher prices at the grocery store as the federal government invites itself to your dinner table “for your own good.” —DNW