About Me

Wednesday, August 15, 2012

Examiner Editorial: To protect ethanol, Obama seeks to inflate meat prices | WashingtonExaminer.com

Examiner Editorial: To protect ethanol, Obama seeks to inflate meat prices | WashingtonExaminer.com: "Campaigning in Missouri Valley, Iowa, yesterday, President Obama announced yet another government spending program -- this time designed to inflate meat prices in Midwest swing states. "Today the Department of Agriculture announced that it will buy up to $100 million worth of pork products, $50 million worth of chicken, and $20 million worth of lamb and farm-raised catfish," Obama explained to reporters in front of a drought-stricken cornfield.

"Prices are low, farmers and ranchers need help, so it makes sense," Obama explained. "It makes sense for farmers who get to sell more of their product, and it makes sense for taxpayers who will save money because we're getting food we would have bought anyway at a better price.""

Ah, yes.  Central economic planning.  A good outcome guaranteed every time.

No comments:

Post a Comment