RRD:No,this isn't a defense of Ethanol subsidies.It's a post pointing out that the problem isn't Ethanol subsidies.It's Government subsidies,period.While Conservatives,Libertarians,& Objectivists celebrate this,the fact is that many of the same people who voted for this also want to end subsidies to oil companies;but not solar,wind,or Lithium battery subsidies.Indeed Obama et-al want to INCREASE SUBSIDIES.Unless this cut is followed by the elimination of other energy subsidies, this is not a victory,merely a change of government beneficiaries.It may have a minor effect on the deficit,but it will not alter the larger problem of government intervention in the economy;which itself is result of the failure to recognize individual rights. http://www.reuters.com/article/2011/06/16/usa-senate-ethanol-idUSN16213754201...
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment