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To: been_lurking
Just how much are you willing to pay for a loaf of bread or a potato before you start screaming about the food prices?

This rule will simply add costs to food production, and the consumer will pay those costs.

Projected costs - $.04 per gallon. Current taxes on that gallon of gas $.40+.

This may in fact lead to slightly increased prices, however your argument is an order of magnitude out of context with the impact of current taxes - and most can still afford a loaf of bread...

18 posted on 05/13/2004 4:49:36 PM PDT by !1776!
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To: !1776!

Projected costs 4 cents means actual costs are at least a dime.


Even then, I think it seems like a pretty good idea.


32 posted on 05/13/2004 5:58:08 PM PDT by Petronski (They could choose between shame and war: Some chose shame, but got war anyway.)
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To: !1776!

"This rule will simply add costs to food production, and the consumer will pay those costs."

In the 50s or 60s when wheat was about $2/bushel, it was determined that there was about $0.04 worth of wheat in a loaf of bread. Don't know right off what wheat is today, but its cost versus the cost of the bread is insignificant. Also there is no way a farmer can pass along an increase in the cost of production. He sells his product at the market price on which an individual producer has no influence.


38 posted on 05/13/2004 6:36:01 PM PDT by Western Phil
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