Government meddling in markets is a bad idea, period. If it weren't for the government, there wouldn't be ethanol in our fuels, because it costs too much, and using corn it will never get cheap enough to be viable in the market.Former Minnesota Gov. Tim Pawlenty made a savvy move today when he rightfully called for an end to ethanol subsidies in announcing his presidential run in Des Moines.
The fact that Iowa is the first state in the presidential race is one reason why it's always been so hard to get rid of ethanol subsidies, which conservatives and a growing number of liberals agree is awful policy.
Saw grass is another story; but there's no great saw grass lobby, so you can forget it.
h/t Ace
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