Obama’s High Food Price Policy Stealing Milk from Babies
[Obama] is out there promoting ethanol mandates that burn 40% of the U.S. corn crop, raising the price of everything from milk and meat to pop-tarts.
By Jeffrey Folks at American Thinker
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The price of corn has reached a record $7 a bushel. Other basic foodstuffs, including wheat, sugar, and soybeans are selling at or near record prices. Milk prices as well have risen to record levels, making it more difficult for families to purchase milk for their children. It is Obama, more than anyone, who is responsible for this state of affairs.
While food prices have always been volatile, today’s high prices are not just the result of weather and other natural forces. They are the consequence of a sinister conspiracy on the part of the left to raise prices and force an ever larger number of Americans into dependency. As of early March, milk prices were setting new record highs, along with near record highs for corn, wheat, soybean, and other staples. Where is the President on this? He is out there promoting ethanol mandates that burn 40% of the U.S. corn crop, raising the price of everything from milk and meat to pop-tarts.
It is not just the President’s policy of expanding ethanol subsidies. It is also a weak-dollar policy that forces Americans into competition on unequal terms with foreign buyers. On March 25 the USDA revealed transactions that strongly suggest the return of China to U.S. corn markets. As a result, corn future prices climbed 14%. That increase of 14% will affect what American consumers can expect to pay in the months ahead for basic foodstuffs.
The President’s solution to rising food prices is, of course, more government. With 25 million Americans unemployed, over 15 million Americans on Social Security disability (SSDI or SSI), and over 43 million Americans on food stamps, Obama’s “solution” is to increase dependency even further.
Democrats actually seem pleased to find that 43 million Americans are dependent on food assistance and that the number has risen by almost 30% million since Obama took office. That level of dependency translates into a large block of reliable votes.
Once they become dependent on government food aid, welfare recipients constitute a lifetime constituency focused exclusively on maintenance and expansion of benefits. No wonder Democrats aren’t interested in reducing the cost of food and other essentials. Or, for that matter, increasing the number of jobs within the private sector. Their interest lies in nudging more and more Americans onto the dole.
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