Home > Politics > Government Saves Us From Low Food Prices

Government Saves Us From Low Food Prices

America, we have a problem. Our food is too cheap. You might not have noticed that due to your skyrocketing grocery bills, but luckily the federal government is on top of the problem so you don’t have to worry about it.

This year, chicken farmers raised too much chicken. Chicken production increased 4% from last year, but demand has decreased, probably because in this economy people can’t afford luxuries like meat. Because the supply is above the demand, in a free market the price of chicken would drop, perhaps even to a level that would allow people to buy it. The government couldn’t have that, though, so the Department of Agriculture stepped in and bought $40 million worth of chicken. That did away with the problem of low food prices so the farmers could still make their money and consumers could continue enjoying their Ramen noodles.

This, of course, is nothing new. The government has been buying surplus products and doing its part to keep prices high since the Hoover administration. During the New Deal, shop owners would even be jailed for selling products at a price below the government’s approved level. They try to avoid businesses doing what some call “undercutting the competition” and others call “being smart and helping the consumers.”

It’s nice to see that at a time when Americans can’t afford groceries, the government was not swayed and had the courage to do its duty to keep prices high. After all, the last thing we need in this economy is for prices to drop.

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