Mises Wire

Expanding Food Labeling

Expanding Food Labeling

According to a recent article at The Wall Street journal,

“Regulators’ appetite for calorie counts is about to extend beyond restaurants to thousands of other places that offer food, including airplanes, movie theaters and convenience stores”

Convenience Stores? As if proper labeling will help consumers choose between glazed donuts, chocolate glazed donuts or bagels with cream cheese at 6:00 am in the morning.

Of course, what is not mentioned is the fact that larger convenience store chains can more easily label their calories then smaller mom-and-pop stores. Therefore, even if the consumers gain slightly, the large chains gain more.

“Everybody’s going to be a little bit better informed, and that’s a good thing,’ said Lou Sheetz, executive vice president at Sheetz Inc., an Altoona, Pa., convenience store chain with 380 outlets in six states. The chain is preparing to post calorie information at kiosks where customers order food. ‘In all likelihood, it’s going to have a negative impact on those items that had a higher calorie count than people thought,’ said Mr. Sheetz. But that will be offset by higher sales of healthier items, he predicted.”

So what’s next on the Food Labeling Act we ask, the nutritional information of bugs at PetCo?

Nutrition Information for: Grasshopper

Nutrition Facts
 
Amount Per 1 fl oz (no ice)
Calories 82.24
Calories from Fat 16.15
 
% Daily Value *
Total Fat 1.79g3%
 Saturated Fat 1.09g5%
 Polyunsaturated Fat 0.0929g 
 Monounsaturated Fat 0.506g 
Cholesterol 5.59mg2%
Sodium 7.01mg0%
Potassium 19.65mg1%
Total Carbohydrate 7.66g3%
 Dietary Fiber 0g0%
Protein 0.449g1%
Alcohol 5.02g 
 
Vitamin A1 % Vitamin C0 %
Calcium2 % Iron0 %
Vitamin D0 % Vitamin E0 %
Thiamin0 % Riboflavin1 %
Niacin0 % Folate0 %
Vitamin B-60 % Vitamin B-121 %
Phosphorus1 % Magnesium0 %
Zinc1 % Copper1 %
*Percent Daily Values are based on a 2,000 calorie diet. Your daily values may be higher or lower depending on your calorie needs.

 

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