Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

January 21, 2009

A not so brilliant idea

by Jason Pye

Welcome back to the New Deal:

A stimulus package may be a lifeline for the nation’s economy, but it could be a death sentence for a lot of cows.

Lawmakers are looking for ways to use the forthcoming stimulus bill to help dairy farmers, and the number one priority is to dampen milk supplies and prop up prices. Translation: reduce the nation’s dairy herd.

In case you didn’t know, during the Depression the federal government paid farmers to destroy their crops to artificially increase agriculture prices, some “10 million acres of crops and 6 million farm animals,” according to Jim Powell.

And people wonder why FDR is criticized for worsening and prolonging the Depression.

H/T: Red State

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  • Akston

    Reminds me of the pilot announcement joke (abbreviated):

    Pilot: “We’ve lost engine 1, but don’t worry, I can still fly the plane. We’ll just arrive 30 min late.”
    [later]
    Pilot: “We’ve lost engine 2, but don’t worry, I can still fly the plane. We’ll just arrive an hour late.”
    [later]
    Pilot: “We’ve lost engine 3, but don’t worry, I can still fly the plane. We’ll just arrive 2 hours late.”

    Passenger: “I hope they don’t lose that last engine or we’ll be up here all day!”

    Let’s hope they don’t try to “help” the dairy farmers even more by killing all the cows.

  • http://gordonunleashed.com/blog/ Stephen Gordon

    Jason,

    If they kill the cows they will lower their tax base.

  • SC

    During the Depression, farmers across the country banded together to try to drive up milk prices by trying to limit supplies, even going so far as to not only effectively go on strike, but also as far as blockading roads and stopping milk trucks to dump their loads on the road. The farmers warned milk distributors that if they did not stop delivery they would have their product dumped (and often followed through with the threat). There were violent clashes from time to time with law authorities (and occasional mobilization of National Guard units) resulting in wounded on both sides and one milk delivery driver was killed while trying to drive around a farmer blockade. In the end, the federal controlling of prices was at least partly an effort to end the strikes and violence.

    An interesting and not very commonly known chapter of the Depression. Far too many people have the impression that history is boring. :-)

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