Posted by mkirsch on October 04, 2013 at 07:16:47 from (64.80.110.75):
In Reply to: Goodbye Farm Bill posted by IHRedRules on October 01, 2013 at 15:00:36:
The $7 figure is PER GALLON, AT THE STORE.
It never made sense to me. Why would the loss of subsidies cause the price to go UP so dramatically?
I could see it if $7/cwt put most dairy farmers out of business, but that would take months/years. Then there would be a shortage.
BUT!!!! The "scare tactics" claimed that milk would shoot up to $7 per gallon at the store IMMEDIATELY, as in the day after the farm bill expired.
There's still plenty of milk in process. The cows didn't all just disappear overnight.
Ultimately, farmers wouldn't need subsidies if people would just PAY FOR THEIR DAMN FOOD! In most other countries in the world, people spend 50% or more of their earnings on food. Here, we blow it on used BMW's, iphones and video games, and then whine to the government because food is too expensive.
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