Could our government be any more useless? They’ve dicked around with this since last summer.
So, we got a Milk crises and a fiscal cliff to solve between Dec 26-dec 31. The House isn’t even in session and may or may not return after Christmas ham and pie.
Wonderful.
This of course will ripple through the economy. Restaurants, commercial food processors, hospitals any industry that cooks with milk or diary items. Plus all the soccer moms making family meals.
Good. Time to end this sort of nonsensical meddling with the market.
If $7 milk is what it takes to cause Republican voters to realize that “smaller government” isn’t the be-all and end-all of what makes America a decent place to live, then I’m willing to bite the bullet for as long as it takes the tea party to beg Congress to intervene and make things better.
$7 for how much milk?
Republics would love $7.00 milk. They can blame it on Obama. “He’s after your guns and your milk!” It doesn’t have to make any sense.
Actually, it makes sense in the sense that they hate government and do all they can to screw it up to prove that it doesn’t work.
Ditto. There’s a place for farm policy, but not farm welfare for very large, very profitable companies.
What’s your position on garlic subsidies? 
Meh. There are plenty of milk substitutes out there. If dairy can’t cut it in the free market, so be it.
The garlic must flow!
Mmmmm, garlic.
If it costs $7 to produce a gallon of milk (I’m presuming they’re talking about a gallon here) then maybe that’s what it should sell for.
Milk pricing is so messed up, the $7 probably includes several dollars of subsidies added by some other price-support law.
We’re paying $12.60 a gallon now. I for one welcome our new milk overlords!
You didn’t read the article. :rolleyes: The reason the price of milk might jump to $7 a gallon is because the government will start buying it up at $7 a gallon. It is big government that created this danger in the first place.
The day they come up with a non-dairy cheese that’s actually edible, I may agree with you. I can live without milk, cream, or butter, but fromage is non-negotiable.
Jamais!
Got seven bucks?
Just switch to goat cheese.
Anyway, maybe some philanthropist will step in and give away milk to people who can’t afford it. And there are always Grapes of Wrath solutions…
The government does not want to buy milk at that price, it is obligated to do so because of a law that requires them to calculate the price as the did in 1949.
[QUOTE=CNN]
But instead of leaving farmers entirely out in the cold, the law states that if a new bill isn’t passed or the current one extended, the formula for calculating the price the government pays for dairy products reverts back to a 1949 statute. Under that formula, the government would be forced to buy milk at twice today’s price – driving up the cost for everyone.
[/QUOTE]
Nothing to do with evil Big Givernment, just congress critters who can’t govern…they probably left that old calculation in place to make sure they would do something :smack:
Seems in line with the price the rest of us pay.
Yeah, I remember people getting all up in a rage when gas passed $3 a gallon, and everybody in Europe was all “You’re so cute when you’re angry.”
I don’t see how it will cause me to pay $7 per gallon for milk just because the gov’t will be doing so. Presumably the gov’t isn’t going to be buying anything even close to all the available milk. So they’ll get first dibs. My price may go up, but to the full seven dollars? Why would that happen?