Are We This Stupid?
The answer is yes.
Over the next few months, the price of milk at your local supermarket will begin a sharper climb upward. Why? Because some of the corn that traditionally has gone as feed for cows is now being diverted to ethanol production. As a result, dairy farmers have to pay more for their corn and they pass that along in higher milk costs.
Let me also remind you that we have farm subsidies in this country that encourage farmers not to grow specific products. So when a new market for corn opens up, farmers are ill-suited to expand supply. The result is the price for everything corn-related goes up, all while the government is giving farmers money to keep it that way. What an excellent idea!
This supply and demand issue, I should note, doesn't even touch on the further idiocy of our desperate search for another magical fuel to power our automobile culture for a little bit longer. The junkie needs just one more hit! We promise, this is the last one!
posted by Joshua @ 10:53 AM
1 Comments:
Farm subsidies have a purpose, but that purpose can only really be fulfilled if they are properly managed. In this case, for instance, obviously, production should be stepped up or, better yet, we continue the current subsidy/ production schedule, which not only keeps the agricultural economy from bottoming out but also keeps farmers from destroying their land by overusing it, and forget about ethanol, which is a myth on a large scale. It doesn't work. It takes more oil to produce than it saves in use. It doesn't work. Either move the Iowa caucus to later in the primary season or give them another issue, because it all comes down to them.
That is all.
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