Here’s a letter to The Messenger Post (of Canandiagua, NY) (HT Chris Meisenzahl):
You report that “U.S. Sen. Kirsten Gillibrand will announce today plans to address the drop in the number of in dairy farms statewide. The state lost 23 percent of its dairy farms in five years. Gillibrand will announce emergency steps such as preventing cuts to the Milk Income Loss program and fixing the milk-pricing system to create competitive pricing for New York dairy producers” (“Gillibrand today announces emergency plan to boost dairy farms,” March 1).
Translation: “U.S. Sen. Kirsten Gillibrand will announce today plans to compel consumers to buy more milk than they want to buy from politically powerful New York dairy farms. 23 percent of that state’s dairy farms operated so inefficiently over the past five years that they went out of business. Gillibrand will announce emergency steps such as forcing taxpayers to guarantee minimum ‘profits’ – and rigging the milk-pricing system to create monopoly pricing – for politically powerful New York dairy producers.”
Sincerely,
Donald J. Boudreaux