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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: DMaA who wrote (71526)	9/18/2004 4:21:31 PM
From: Ish	Respond to of 793955

<<That's why corn prices haven't changed in a hundred years.>> Fewer acres of corn raised today than 40 years ago. Highways and urban sprawl have eaten a lot of acres. The paper had a corn contract from an elevator from 1901 and published it in 2001. 1901 they were paying $2.01, 2001 corn was going for $1.98 and a 1901 buck went a lot longer. <<I think it's fantastic that corn growers are trying to find new uses for their product. I have a big problem with using their political clout to grab tax dollars to do it.>> You're giving farmers too much credit. Tax credits are meant to encourage growth in a sector. Now back when ethanol first was used to reduce pollution gas was about 60 cents a gallon. Imagine the screams if the government said we had to use ethanol and it would cost $1.20.