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Tax payers fund higher food prices

Started by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009
Discussion about
Step 1: Provide tax credits to ethanol manufacturers Step 2: Raise the amount of ethanol in Gas to 15% Step 3: Watch corn prices go up, driving up meat prices too Step 4: Erase the gains in the CPI via hedonics and substitution Step 5: Election season comes and government takes credit for the efficient allocation of resources in our economy while meat prices go up and we have tortilla riots agaion
Response by Riversider
almost 16 years ago
Posts: 13573
Member since: Apr 2009

Left out step 6: Blame the rise in corn prices on Commodity Speculators.

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Response by stevejhx
almost 16 years ago
Posts: 12656
Member since: Feb 2008

Step 7: Blame the Republicans, who are the ones who support farm subsidies and ethanol requirements.

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