"When it comes to milk, government isn’t interested in your health. The red tape imposed on this breakfast favorite isn’t just there to ensure dairy products aren’t spoiled. Rather, the rules intentionally limit competition and keep prices high. In this crony capitalist venture, consumers are the ones being milked.
Last month, the Louisiana Department of Agriculture and Forestry discovered that the Fresh Markets grocery chain committed the crime of having a sale on milk. As part of a promotional deal, the retailer advertised a gallon of milk for $2.99, which falls below the government-mandated markup of 6 percent above invoice and shipping price.".........
archer wrote: Odd....we have sales on milk here all the time at less than $2.99.....why haven't they raided Fry's (a Kroger store)
It isn't the $2.99 price it is you have to sell it above a certain cost. I am guessing this law was created to keep dairy prices higher. Dairy farmers usually get screwed on pricing because there are only a few places to sell their products. Can't sell raw milk to your local King Soopers. Plus it is perishable so you can't wait until the price gets better.
Thomas Sowell: There are no solutions, just trade-offs.
The article is mixing up different issues. Laws to protect the safety of milk are needed. Price controls are not. Also there is the issue of subsidies to dairy farmers.
The price of sugar is artifically fixed too. If it matched the actual market value we would see less use of high fructose corns syrup. But hey, you got those subsidies to the corn farmers too...
