For 2012, if ethanol production were to occur at 2011 levels, then net corn production would drop to 5.8 billion bushels, the lowest since at least 1993. Without the ethanol mandate this year, US corn production would be at an all time high.The data are stark (this year's harvest looks to be sharply down, due to the drought):
So the price of food goes up, screwing the poor. The price of gasoline goes up (corn ethanol is a lot more expensive that gasoline, hello), screwing the poor. The only thing you can say in favor of the GOP's pandering to the farm states here is that at least the GOP doesn't pretend to be in favor of the poor.
Your Fed.Leviathan, screwing your life up. Is it too much to ask them to stop screwing over the poorest in our society in the interest of pandering to a few swing state votes?
But hey, Mitt Romney and Paul Ryan will change everything! [rolls eyes]