{"id":484,"date":"2010-09-02T09:39:00","date_gmt":"2010-09-02T13:39:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=484"},"modified":"2018-08-17T14:22:18","modified_gmt":"2018-08-17T18:22:18","slug":"another-increase-in-consumer-information","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2010\/09\/02\/another-increase-in-consumer-information\/","title":{"rendered":"Another increase in consumer information"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">The Obama Administration has enacted another set of rules that I like.\u00a0 Namely, the Food and Drug Administration is requiring a whole new group of food providers to post nutrition information about the foods they sell.\u00a0 Now covered are: airlines, trains, grocery-store food courts, movie theaters, and convenience stores.\u00a0 Technically any food outlet with more than 20 locations is required to post the data.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Analysis:<\/strong> Why am I an advocate for these new rules?\u00a0 I am always for increasing the amount of information that both businesses and consumers have in order to make more effective decisions.\u00a0 Yes, direct, measurable, hard data costs will increase for the food providers.\u00a0 However, net, indirect costs to the economy should decrease.\u00a0 The reason is that poor nutrition has enormous economic costs in terms of health care, insurance, and lost work hours to employers.\u00a0 Obviously the food sold at movie theaters is bad for people.\u00a0 But how about that grocery-store salad bar&#8217;s food?\u00a0 Anything that allows folks to make a more informed decision is a good thing in my book.<\/span><\/p>\n<p><span style=\"font-size: 16px;\"><strong>Importance grade:<\/strong> 4; I would like to think that these new rules would end the obesity epidemic and its drag on economic growth.\u00a0 However, I am no idiot.\u00a0 Personal responsibility still trumps access to information.\u00a0 However, more information does allow for more informed decisions.\u00a0 It also allows for more options in terms of consumer choices.\u00a0 More options is always more valuable.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Obama Administration has enacted another set of rules that I like.\u00a0 Namely, the Food and Drug Administration is requiring a whole new group of food providers to post nutrition information about the foods they sell.\u00a0 Now covered are: airlines, trains, grocery-store food courts, movie theaters, and convenience stores.\u00a0 Technically any food outlet with more [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-484","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=484"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/484\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}