John Melloy at CNBC: US Cost of Living Hits Record

This is a record that is not worth winning. Thanks to the politicians who insist on diverting agricultural commerce to suit their needs, not the people’s. Boondoggles like using corn to make ethanol and inhibiting trade among people across borders through protectionism, tariffs, and other hidden regulations, along with low interest rates have caused this sorry state of affairs.

Here.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s