Just wait, the worst is yet to come in food cost push.
Wait until we see the impact of HR2748/S.510/HR2751 FDA Food (Takeover) Safety Bill. I expect that bill which has a cost estimate to implement of 1.4 Billion dollars to add 25% to the cost of most food products. (dependent of % of imported food)
This is a horror bill that both the Dems and Pubbies passed in the last minutes of the Lame Duck Session of the 111th Congress. It was signed into law from HR2751 as Public Law No. 111-353
The wording of the bill “is not yet available” on Thomas Register.
But I finally found a copy of it at the GPO.
Text version:
http://frwebgate2.access.gpo.gov/cgi-bin/TEXTgate.cgi?WAISdocID=K4p6zK/38/1/0&WAISaction=retrieve
.pdf version:
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It appears that the FDA is continuing to rewrite the details of this law by definition and re-iterpretation now and although it was signed into law is not finished. Reminds me of a tactic that Pelosi used on the DeathCare Bill.
Should be called the "fools safety."
Remember that quote about those who sacrifice liberty for safety get neither and deserve neither.
I felt like I was the only one in the country hopping up and down on one foot about that piece of legislative subversion. Glad at least one other FReeper noticed it.
What food pansies we've become.
I wonder what free passes Tyson food gets? And McDonalds.
I wonder if ma and pa selling roadside veggies get a swat team visit.
Do we get an army of Ag Police, too? Bonus!
Just wait until the gas prices used to transport that food impacts the price. It has already but it'll rise more throughout the summer. Then there will be some natural disaster to bring prices up even more - Mexico just had bad weather, Japan with it's current situation, and I can guarantee you that Fredricksburg will whine about the annual April cold snap that will ruin the peach crop again just like they do every single year. Then there's those who raise their prices simply because everyone else is. It's a never ending cycle.