Monday, June 16, 2008

"Bad Cow Disease" -- Why Regulation Matters

Aren't you tired of it? Tomatoes you can't eat, tainted spinach, bad peanut butter, mad cow disease. And all too many questions we "eaters" shouldn't have to decide, e.g., should the cattle shipped to the packing plant have to walk into the plant all by themselves, or were they "downers" that were already down and dying?

And then there's the perennial argument ... should we let business be business? After all, some would say that when business makes a mistake, the market will teach them a lesson.

But meanwhile, our stomachs seem to be paying the price; we get sick on the bad food, and eventually the big corporate food supply business does a recall. In my book, that doesn't seem too cool. It makes me like "government regulation" a lot, because I want to trust the U.S. food supply system, so that all I have to do is go to the grocery store, buy, cook, eat ... definitely not worry.

The New York Time's Paul Krugman's very thoughtful "Bad Cow Disease" walks us through how we got here, with food we can't trust. One lesson to be learned: For six years, the Congress failed to conduct oversight regulation. Now this new Congress is rushing to catch up.

For those of us who want to trust our food supply system, that can't happen too soon.






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