How about paying double for a gallon of Milk in 2013? If we fall off the milk cliff we have the politicians and their full attention to the dreaded fiscal cliff to thank for.
The fiscal cliff talks has the law makers and law twisters so busy that other important matters are kind of falling off the plate.
According to CNN Money an expiring agriculture bill has some kind of calculated formula in it that if the prices of milk were to drop to half it’s current national average, the government would then step in to buy the milk to keep farmers in business. That sounds OK, right? The problem is if Washington fails to extend the current bill before January 1st, 2013, the milk buying formula will revert back to it’s 1949 version forcing the gov to buy milk and other dairy products from farmers at twice the current price!!
If the politicians don’t bring their heads out of their cocoons any time soon, we all could end up paying double for milk in 2013! Read it here…
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May 7, 2013, 4:38 pm
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USDA, Dairy Industry Still Arguing Over Changes In Milk PricingHuffington Post
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Related articles
- There Is Such A Thing As The Milk Cliff: If Congress Doesn’t Act Soon, Prices Could Double (consumerist.com)
- ‘Dairy cliff’: Milk prices may double in New Year (fox6now.com)
- Milk prices could double in 2013 (myfox8.com)
