reply on: Why Are Americans Spending So Much ? \ stacker news ~econ

10 sats \ 7 replies \ @Undisciplined 20 May \ parent \ on: Why Are Americans Spending So Much ? econ

Ethanol is an abomination

Its total horse shit. Instead of making us use ethanol, design engines so they run a bit cleaner.

10 sats \ 5 replies \ @Undisciplined 20 May

But that doesn't give corn farmers unearned profits, which doesn't earn politicians their votes.

I dont think corn farmers actually make money with ethanol. They grow the corn, but the profit comes later for the people who process it.

10 sats \ 3 replies \ @Undisciplined 20 May

No, they definitely get higher prices for the same corn because of the ethanol subsidies. That's the whole point of the subsidies.

21 sats \ 2 replies \ @Satosora 20 May

Oh really? I didnt know that. Farmers are always complaining about corn prices and them being so low. They always seem to say they didnt make a profit each year. Yet have their farms still.

10 sats \ 1 reply \ @Undisciplined 20 May

And somehow they have millions of dollars worth of fancy machines that they buy new every couple of years.

American farms, at least in the most productive areas, are very lucrative small businesses.

21 sats \ 0 replies \ @Satosora 20 May

Yes I know. They always act like the economy is out to get them though.