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The Lakewood Times

Milk Prices Likely To Soar Due To Politics

12/27/2012

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Members of the House of Representatives let the five-year farm bill expire at the end of September without a new law to replace the massive measure covering billions of dollars in programs, including food stamps and agriculture subsidies. 

As a result, milk prices could jump as high as $6 to $8 per gallon after Jan. 1, when the government will revert to following antiquated 1949 regulations without a farm bill in place. 

In the short term, farmers would see a windfall by selling to the government at a higher price, but as the New York Times reports, that would lead to higher prices in stores and less milk available for manufacturing butter and cheese. “I don’t think customers and food processors are going to pay double what they are paying now for dairy products,” said Dean Norton, a dairy farmer and president of the New York Farm Bureau.

It seems like our politicians have absolutely no interest whatsoever in actually governing or any concern for what damage they do to the American public and our economy. 

Sounds familiar 

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