If I ran the Washington Examiner, I would have an annual “Overrated Washington” issue, and the cover would be a picture of a cupcake. Cakelove and Georgetown Cupcake range from good to average, but the price and wait are worthy only of awesome — which they are not.

Does that mean they should be punished by protectionist trade policies which benefit a few politically connected big businesses? Just because these cupcake makers have fooled Washingtonians into paying $3 for a cupcake doesn’t mean the government should jack up their ingredient prices.