It reminds me of the Depression, when milk was poured into drains and fields of ripe produce were plowed under while people were starving in order to keep food prices up and save the farms that were still operating.
The technical term for it is "the contradictions" of the market. This is what Obama is trying to avoid.
No, the technical term for what happened during the Depression was "government price controls." A minimum price was set for those who bought milk from farms, and of course market forces didn't cooperate by creating demand out of thin air for a product priced above the natural market range.
Milk has been a controlled commodity for years, and it's estimated the American consumer pays a premium of 25 to 50 percent for dairy products because of it.
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re: It doesn't look good.
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- Will GM Bankruptcy really Tank the ECONOMY?
- It doesn't look good.
- re: It doesn't look good.
- You may very well be right.
- re: You may very well be right.
- So who actually shot JFK?
- Smoke from the correct smoking gun...
- Back to the fog
- I offer the olive branch
- No compromise, no negotiation, my-way-or-the-highway. (n/t)
- olive branch?
- re: olive branch?
- re: olive branch?
- re: olive branch?
- I offer the olive branch
- So who actually shot JFK?
- re: You may very well be right.
- Have you ever looked into the causes of The Great Depression?
- You may very well be right.
- re: It doesn't look good.
- It doesn't look good.