How to Keep Milk Prices Low by Raising Themby Michael Tennant
Feb. 04, 2013
Pope Says Church Should Apologize to Gays for Orlando Shooting
SHOCKER: Police Say Leftists Started Violence at Rally in Sacramento
Walls For Me But Not For Thee: Zuckerberg Builds Giant Wall Around Hawaii Property
Bill O'Reilly on Brexit Motive: "In Parts of London, You're Not Really in England, You're in Pakistan"
Putin on Brexit: "Some Don't Want to Dissolve National Borders"
Suppose you’re a bureaucrat charged with regulating the price of milk so that the people of your state — the ones who are forced to pay your salary — can enjoy a glass of moo juice without having to take out a loan. Now suppose you find out that a supermarket in your state is selling a gallon of milk for more than a dollar less than competing stores. What do you do?
If you’re Louisiana Agriculture and Forestry Commissioner Mike Strain, you force the market selling the cheap milk to raise its prices. Then, with a straight face, you tell the public that you did so “to keep the price of milk as low as possible.”