The "Milk Cliff" - Part of the New Obama Economy?

[Pilgrim]

Wonder how many people are aware of the possible rise in milk prices due to the inaction of Congress?

Because Congress has failed to renew farm programs, an underlying 1949 law is slated to kick in. This would force the government to buy up American milk at inflated prices and the purchases are expected to possibly double the price of milk at the grocery store as supplies dwindle.

http://thehill.com/blogs/on-the-money/economy/274883-house-prepares-milk-cliff-bills-for-votes

On the other hand, these govt subsidies for milk are just another form of corporate welfare and should probably be phased out the true market prices can take effect. That's unlikely considering the price manipulations that are going on now, and the seemingly accepted practice of the govt printing money and holding interest rates artificially low to accommodate the annual trillion dollar deficits that have become commonplace over the past four years. These economic chickens will come home to roost - probably sooner rather than later within the next four years. Keep an eye on Greece if you want to see our future.

 

[aquitted]

Paid $3.50 for a gallon today. Milk not fuel.

 

[layoutshooter]

People are going to be in for a REAL shock when they find out what things REALLY cost! Getting weaned from the teat is always traumatic. So is learning how to stand on your own two feet!

 

[skyraider]

Milk at wally world is $4.65 a gallon, but down the street at Rite Aide, its $3.27, how can that be and at Sams Club around 3.50 a gallon.............

 

[layoutshooter]

Good thing I don't drink milk!

 

[skyraider]

People are going to be in for a REAL shock when they find out what things REALLY cost! Getting weaned from the teat is always traumatic. So is learning how to stand on your own two feet!

Hey Lo,,,the PI looking good yet? just kidding, but u can fish there.lol

 

[layoutshooter]

Hey Lo,,,the PI looking good yet? just kidding, but u can fish there.lol

LOL!! Not for walleye! What's the use? HEHEHE. NO layout hunting either.

 

[iceroadtrucker]

Wonder how many people are aware of the possible rise in milk prices due to the inaction of Congress?

On the other hand, these govt subsidies for milk are just another form of corporate welfare and should probably be phased out the true market prices can take effect. That's unlikely considering the price manipulations that are going on now, and the seemingly accepted practice of the govt printing money and holding interest rates artificially low to accommodate the annual trillion dollar deficits that have become commonplace over the past four years. These economic chickens will come home to roost - probably sooner rather than later within the next four years. Keep an eye on Greece if you want to see our future.

Sadly I think they already have. Hen House is Full.

 

[OntarioVanMan]

Milk, eggs, bread are what is called a "loss Leader"....just to get you into the store...IF everyone went in and just bought these "leaders"....The practice would end in a hurry....

I didn't realize the US had so many marketing boards.....till I seen this....what a socialistic country!!!
to think...welfare, unemployment, Social Security, subsidized Daycare....subsidized local transit, subsidized rail, subsidized air, now marketing boards to control the price of nearly every commodity.....and to top things off....government supported ILLEGAL residents!!

 

[LDB]

So far the only thing President Moron has accomplished and likely the only thing he will accomplish in 8 years is insuring Jimmy Carter is not remembered as the least capable, worst president in history.

 

[layoutshooter]

Milk, eggs, bread are what is called a "loss Leader"....just to get you into the store...IF everyone went in and just bought these "leaders"....The practice would end in a hurry....

I didn't realize the US had so many marketing boards.....till I seen this....what a socialistic country!!!
to think...welfare, unemployment, Social Security, subsidized Daycare....subsidized local transit, subsidized rail, subsidized air, now marketing boards to control the price of nearly every commodity.....and to top things off....government supported ILLEGAL residents!!

Yep, it IS a socialist country, heading down the path of Marxism, which is EXACTLY why everything is falling apart. The manure is about to hit the rotating blades though, the NORMAL people are getting just plain fed up. The lines are drawn and sides are being picked. There will be no middle ground.

 

[AMonger]

So far the only thing President Moron has accomplished and likely the only thing he will accomplish in 8 years is insuring Jimmy Carter is not remembered as the least capable, worst president in history.

I dunno...I think W may have already set the new high-in-low.

 

[Pilgrim]

Won't even be a contest by the time 2016 gets here. The Iranian situation, the costs and inefficiency of Obamacare, the level of our national debt, the weakening of our military and our national security - Obama will continue to make all of these areas worse then they were when he took office. His record in his first term was one of the worst ever, but he got re-elected anyway. The majority has the person in office they wanted, so they will get what they deserve - but the country deserves better.

Just look at how he's handling the budget dealings right now - complete incompetence and lack of leadership. His idea of compromise is for the other side to give him everything he wants. His idea of negotiation is to demonize the other side if they don't cooperate. He's a complete fool, totally out of his league - and he's got four more years to screw things up just like he's doing now.

 

[layoutshooter]

So far the only thing President Moron has accomplished and likely the only thing he will accomplish in 8 years is insuring Jimmy Carter is not remembered as the least capable, worst president in history.

We keep forgetting Lincoln in this mix of scumbags.