After the flawed rollout of the Affordable Care Act, most of Washington focused on repairing and delaying the law’s most obvious problems. However, a handful of lawmakers have finally noticed one of the law’s hidden regulations: a strict calorie labeling requirement for chain restaurants, vending machines, and other food distributors. What at first appeared to be more bureaucratic but harmless government do-gooding is now proving a verifiable nightmare for small business owners and federal regulators alike.
There is no way I would even try to open a restaurant in today’s business environment. The last restaurant I owned grossed a million a year (back in 1976, when that was a more respectable sum), and employed something like 35 people.
I wonder how many operations like that don’t even try to get off the ground these days. My hunch is the number is very high.