Grocery price increases across the nation???
Wait until you see the effects of HR2748/S.510/HR2751 FDA Food Takeover Bill passed in the Lame Duck Session. Passed the Senate with a “voice vote”, they did not want to be identified as voting for this mess. It was read into an unrelated bill (HR2751) when it went back to the House and then that passed the Senate again.
Cost of this? 1.4 billion dollars with 17,000 new “food inspectors” (most foreign based), paid for by “fees” on producers. Those fees will simply be passed on to consumers. Sold on the pretence of food safety against terrorist attacks.
Just wait....
Yea, 3-4% my butt.
When prices for farm production went up to the level that farmers started getting a fair ROE (return on equity) farmers naturally opted out of the "Cheap Food for Consumers" programs, most often called the Farm Subsidies Program.
The result was loss of control over the food supply by government officials. This is the first time since the 50's that they have lost control of that, and politicians suddenly realized that they are going to face an angry voter pool.
Thus, they passed HR2748/S.510/HR2751 FDA Food Takeover Bill which allows them control of food supply again. Their aim, this time it seems, is NOT to flood the market with more food than Americans can possibly eat, but to punish us with an ironclad control on food supply.
It won't work, as the consumer is going to punish politicians with a whipping they won't forget for generations.
For all the bitching here on FR and elsewhere about 'paying farmers not to plant' the system we are now leaving was the most efficient, produced the cheapest and best food the world has ever seen.
It looks like the bitchers will have their way, and the results aren't going to be pretty.