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> Costs cannot be controlled. That’s not how it works. That’s how you get empty shelves. Many types of food in America are massively subsidized, including dai
by com2kid 5y ago
> Costs cannot be controlled. That’s not how it works. That’s how you get empty shelves.
Many types of food in America are massively subsidized, including dairy[1], beef[2], and corn.
Government policies can certainly drive down prices. Direct price controls don't work, but subsidizing production most certainly works.
Though an economist would argue that a dollar saved at the market cost tax payers more than a dollar to get, due to inefficiencies, counter argument is that people who are poor pay less taxes and benefit more from reduced food prices. (At which points arguments about corn subsidizes and long term harm to the health of the citizenry are brought up.)
[1] https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=8 https://www.numbeo.com/cost-of-living/country_price_rankings...
[2] https://www.numbeo.com/cost-of-living/country_price_rankings?itemId=121 https://www.numbeo.com/cost-of-living/country_price_rankings...
- encoderer 5y agoSure but a subsidy is a market support. A price control is a market support. A subsidy is not a price control.