business news in context, analysis with attitude

The Associated Press reports that The Pew Initiative on Food and Biotechnology is saying that while there is no evidence that genetically engineered products cause any harm, the federal regulatory system simply isn’t equipped to deal with the new challenges created by this technology.

A new 128-page report by the Initiative says that there are "unresolved questions about the government's proper role in addressing issues that arise after products are in the marketplace," though regulators at the US Department of Agriculture (USDA) and the Food and Drug Administration (FDA) say that they are both adequately equipped and prepared to deal with GMO-related issues.
KC's View:
We’re pretty sure the last thing we need is more bureaucracy dealing with regulatory issues, but we’re equally confident that at some point, there will be a GMO-related issue that government won’t immediately know how to respond to.

If we’re lucky, it won’t be life-threatening. But there will be some sort of scare that will create all sorts of issues about GMOs in general.

That’s just the way these things work.