21 sats \ 4 replies \ @Satosora 20 May \ parent \ on: Why Are Americans Spending So Much ? econ
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.
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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.
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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.
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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.
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21 sats \ 0 replies \ @Satosora 20 May
Yes I know. They always act like the economy is out to get them though.
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