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Cato Podcast

Transfats, Tradeoffs and Government Power

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 19 June 2015

⏱️ 8 minutes

🧾️ Download transcript

Summary

The FDA's move to make transfats harder to use has broad implications for consumers, businesses and the power of government to deny people meaningful choices. Walter Olson explains.

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Transcript

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0:00.0

This is the Cato Daily Podcast for Friday, June 19, 2015.

0:06.0

I'm Caleb Brown.

0:07.0

The FDA is making it a great deal more difficult for food producers to use trans fats.

0:12.0

That decision implicates the power of governments

0:14.4

to simply regulate products out of existence, the right of Americans to accept risk

0:18.8

in order to get certain benefits, and the inability of manufacturers to use trans fats to extend shelf life and lower prices.

0:26.0

Walter Olson, a senior fellow at the Cato Institute, discusses what this decision means.

0:31.0

A lot of headlines read read FDA bans trans fats. Is that actually what's happened?

0:36.3

It's a little more complicated. They knocked trans fats off the GRAS list, generally

0:41.9

recognized as SIF, which is a list of ingredients that have been used,

0:46.2

conventionally, sugar is on the list, salt is on the list, many others.

0:51.5

It doesn't exactly ban it, but everyone expects that it will amount to a near-bam.

0:57.0

Manufacturers that want to add trans fats are going to have to go through a process that most of them are probably not going to want to tackle.

1:04.0

The interesting issues that were in controversy when they put this over were

1:11.0

would they tolerate low thresholds of using it in

1:15.2

conventional products and that's important in food manufacturing because for

1:19.1

the now famous cupcake sprinkles or for other applications like making crisp frozen pizza

1:27.0

things like that the manufacturers were hoping to have the leeway to at least to add

1:32.0

some for the bits of the product where they

1:35.6

couldn't duplicate the effect.

1:37.6

And that's mostly going to be ruled out apparently.

1:39.9

In terms of compliance, what kind of data do food producers have to come up with?

...

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