[Nathan Zachary]

"He had to raise the price to keep up with higher costs - such as the 100-pound sack of flour for which he pays three times more than just a year ago..

Hmmm. He's paying 3 times as much for a sack of flour over what he paid last year.

I can tell you it ISN'T because commodity prices went up. That would only account for a 25% increase at the very most. ($5.75 per bushel vs $4.40 last year per bushel)

But don't let little things like FACTS stop anyone from blaming it on Ethanol production.

[SunkenCiv]

Heh... yeah, funny, that. It’s almost as if the baker is experiencing, oh, I dunno, perhaps the fourth generation of bakery owners just started college, or perhaps the increased price of natural gas, gasoline/diesel for his cargo truck (or for the cargo truck of his supplier), etc etc... I guess the baker understands economics better than Schumer pretends to, and is getting free publicity and a broadcast alibi. Not a very good alibi (as you’ve noted), but an alibi nonetheless.