Alas, with the world’s people in desperate need of more food, this presidential administration is ordering even more of our country’s abundant corn crop to be burned up on American highways. What’s wrong with this picture?
We can only hope and pray that a peaceful resolution in Ukraine is found quickly, not just for the paramount humanitarian reason of sparing thousands if not millions of lives, but also to prevent immense collateral economic damage, including possibly a global economic crackup.
Most of you won’t be surprised to know that political rhetoric often doesn’t conform to economic reality. The current spending and tax increase proposals are a vivid case in point.