The title says it all.
A few years ago the worrying class felt that we have to encourage “energy independence” by subsidizing corn production for ethanol. So we used taxpayer money and tax incentives to build a new industry. I argued then that subsidies were a bad idea. Subsidies distort markets and almost always have bad longterm effects. Think about rent control for example.
But there are a lot of Senators from farm states and we had to “do something” so we started to subsidize ethanol as a “renewable energy resource.” Now we are a few years into the ethanol program and the price of grain around the world has risen by 40% and people are starving. It is time to Stop Ethanol Subsidies Now. Here is a site that makes the conservative argument against ethanol subsidies.
That the NY Times, who were a proponent of the subsidies idea originally, has changed its mind should not deter us. Ethanol subsidies are killing people.
Visit BarackCalledYouStupid.com to learn how StopEthanolSubsidiesNow.com could be a money making idea. At Barack called you stupid they have hooked into a company that custom makes and sells logo merchandise for creative web ideas. That site is Cafe Press. So an original idea with a small audience could be self supporting because of companies like Cafe Press. Wow! What a great world we live in.
Discover more from Simon Burrow
Subscribe to get the latest posts sent to your email.
One thought on “StopEthanolSubsidiesNow.com”
Comments are closed.