Anonymous wrote:
Anonymous wrote:i'm more concerned about the farm bill.
Milk/dairy products doubling in price come the new year would devastate the country more than fiscal cliff.
Why? I would gladly pay $8.00 for a gallon of milk if it would cut the tax farm subsidies to the welfare-cheat dairy farmers (and corn farmers, and wheat farmers, etc. etc.) who suck the government dry on this...
I'm the person who made the comment about more concerned about milk prices.
To you and the other person who went on a republican rant, I"m a D and I usually post on these boards as a "no compromise, break those R's backs and bury them in the desert." type.
Milk/Dairy would double not because free-market prices would push it so, but because of arcane price-floors from 60-70 years ago that would authorize the Government to purchase milk/dairy at an inflated price.
Farmers under that scenario would sell to the gov instead of the free market.
This is a case where it is market intervention through price-floors stemming from decades ago, not a subsidy to lower the price of milk from true market price.