Wednesday, August 15, 2012

TFP Column: The EPA Is Starving People

The heat of the summer seems to be moderating, but the drought continues throughout most of the Midwest.  It seems likely that in spite of more land being planted in corn this year, the harvest in this grain is likely to be less (in fact the Department of Agriculture has told us so).  Corn prices have gone up significantly in the last few years, so farmers seem well-protected by a combination of these higher prices and government programs in place.  

Corn however is food, and less of it means less to eat for people around the world, since the US is a principle exporter of this grain.  There will be even less of it to eat however, with EPA regulations on bio-fuel seeing a fair amount of the harvest being turned into ethanol.  Putting two and two together, it was not a great leap of math to determine that "The EPA is Starving People".  The numbers in this effort all come from reliable sources (none of them owned by NBC), so it might be worth the effort of a few minutes.

We are early in the week however, so there's likely to a lot more to see (maybe even from me); both in the mid-week Star edition and in this week's edition of Toledo's largest Sunday circulation and Ohio's best weekly newspaper for the last three years in a row, the Toledo Free Press.

1 comment:

Roland Hansen said...

Mi Amigo Tim,
Are you trying to fuel the fire with food for thought?