Planet Money recently had a great episode about "Big Government Cheese", which covered the Carter administration's proposal to subsidize milk, which created a m

Planet Money recently had a great episode about "Big Government Cheese", which covered the Carter administration's proposal to subsidize milk, which created a milk surplus so big that it had to create a bureaucracy to grade and store cheese, and then eventually, to repackage and give it away: https://www.npr.org/templates/transcript/transcript.php?storyId=643471690 https://www.npr.org/templates/transcript/transcript.php?stor... > DUFFIN: By the early 1980s, the dairy support program was costing taxpayers around $2 billion a year. The government was buying 1 in every 4 pounds of the country's cheddar cheese. They actually had to rent out space in multiple caves. At one point, the government was storing two pounds of cheese for every single American citizen.