Comments on: Uncle Sugar http://www.arnoldkling.com/blog/uncle-sugar/ taking the most charitable view of those who disagree Mon, 21 Dec 2020 11:09:54 +0000 hourly 1 https://wordpress.org/?v=4.0.32 By: Handle http://www.arnoldkling.com/blog/uncle-sugar/#comment-38349 Fri, 15 Mar 2013 00:01:27 +0000 http://www.arnoldkling.com/blog/?p=829#comment-38349 Yeah, sugar’s “down” to 20 cents a pound from highs of nearly 30 a few years ago. But it was in a bubble. 20 c/lb is still higher than it’s been for all but the last four years.

But what’s worse? Buying up sugar on the open market, or just giving the stuff to certain “private”, and already-subsidized, ethanol producers for half price. Talk about your corporate welfare. I mean, awesome for them, I guess. Can any old business just rely on the government to deliver its inputs to it at half market price?

The sheer breadth, depth, and multiplicity of interactions of government interventions in the economy is mindbogglingly disturbing. Loans, subsidies, tariffs, price supports, etc. And to what end?

]]> By: James http://www.arnoldkling.com/blog/uncle-sugar/#comment-37875 Thu, 14 Mar 2013 14:15:07 +0000 http://www.arnoldkling.com/blog/?p=829#comment-37875 The fact that the government can give the agribusiness millions of dollars of handouts and then Obama and Congress have the audacity to complain about the sequester is galling. This is corporate welfare at its most infuriating.

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