Associated Press reports we should not hold farmers or the ethanol industry responsible for rising food prices. There are other contributing factors, such as inflation and fuel costs, but we certainly can also include those heavily subsidized ag-fuelers in the blame game, even though AP downplays it:
Ethanol producers acknowledge they’ve increased demand for corn but say it’s not enough to affect food prices.
Matt Hartwig, a spokesman for the Renewable Fuels Association, said the ethanol industry only uses about 25 percent of the nation’s corn supply.
Only 25 percent? So we’re setting aside one-quarter of the core good we produce, which goes into so much of the food the world consumes (meat, dairy, eggs, Corn Chex), to instead burn it for no good reason. Blame also the lawmakers who think in their infinite wisdom that they are good at creating “markets.”
Notice to Readers: The American Spectator and Spectator World are marks used by independent publishing companies that are not affiliated in any way. If you are looking for The Spectator World please click on the following link: https://spectatorworld.com/.
That’s right, the Grinch (Joe Biden) is coming for your pocketbooks this Christmas season with record inflation. Just to recap, here is a list of items that have gone up during his reign.
What hasn’t increased? The cost to subscribe to The American Spectator! For a limited time, we are offering our popular yearly subscription for only $49.99. Lock in the lowest price of the year by subscribing today