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Old 03-08-2011, 06:57 AM
 
Location: Tennessee
37,800 posts, read 41,003,240 times
Reputation: 62194

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How should GOP candidates handle ethanol subsidies while campaigning in Iowa? I don't have an answer, by the way. I just want to know what you think.
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Old 03-08-2011, 10:37 AM
 
Location: Midwest
38,496 posts, read 25,808,661 times
Reputation: 10789
Honesty is the best policy-right?
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Old 03-09-2011, 07:29 AM
 
Location: Tennessee
37,800 posts, read 41,003,240 times
Reputation: 62194
Quote:
Originally Posted by jojajn View Post
Honesty is the best policy-right?
I agree but that may be just wishful thinking. Let's see how many of them address it.
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Old 03-09-2011, 08:37 AM
 
Location: Wasilla, Alaska
17,823 posts, read 23,448,604 times
Reputation: 6541
Ethanol subsidies should be abolished. If there is a market for ethanol, then subsidies are unnecessary. If there is no market for ethanol, then the taxpayer should not be funding more federal failure.
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Old 03-09-2011, 09:54 AM
 
Location: Norman, OK
3,478 posts, read 7,254,112 times
Reputation: 1201
Quote:
Originally Posted by Glitch View Post
Ethanol subsidies should be abolished. If there is a market for ethanol, then subsidies are unnecessary. If there is no market for ethanol, then the taxpayer should not be funding more federal failure.
That works in a theoretical market-driven world. In the real world, that is not the case - consumers do not drive all market-produced items nor do consumers have "perfect information" to understand the costs of, say, oil vs. ethanol vs. solar.

My personal opinion is that corn-based ethanol is a boondoggle anyways. It does not reduce carbon emissions and it does not decrease dependence on foreign (or domestic) oil as a energy source. Now if we want to start funding and producing cellulosic ethanol, then I am willing to consider that for funding and subsidies.
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Old 03-10-2011, 08:31 PM
 
2 posts, read 1,385 times
Reputation: 10
They should come out against subsidies; being politicians they will do nothing of the sort. Candidates who have no chance of winning Iowa anyway, might try to get some press by taking a stand against them.
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Old 03-11-2011, 10:49 PM
 
Location: The Republic of Texas
78,863 posts, read 46,611,558 times
Reputation: 18521
Look, you can actually make a buck growing corn, soybeans and cotton.
Have you seen porkbellies lately?
How about beef?

I know I'm getting more than I ever for calves at the auction.
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