Lawmakers are looking for ways to use the forthcoming stimulus bill to help dairy farmers, and the number one priority is to dampen milk supplies and prop up prices.Earlier I pointed out that we hadn't yet seen the worst policies of the Great Depression being implemented. Yes, we were/are inflating. Yes, we are bailing out failed institutions. Now, it seems, the trade groups are clamoring for price fixing, just as they did back in the day. And the government seems willing to oblige, surprise of surprises. Why is it always the farmers? Why aren't the organic chemists demanding wage support and price support for commodity chemicals? This is bad news, folks. Bad, bad news. No matter how many times these policies fail, no matter how much misery they inflict, it seems that people never fail to resort to them when things go south. As a dog returneth to his vomit, as the saying goes.
Friday, January 16, 2009
No More Fresh Milk...
Vox points out an ominous parallel: