How 'Fiscal Cliff' Leads to 'Dairy Cliff'
December 30, 2012 - 8:58am
Jordan Weissmann, The AtlanticThis is dumb. Astonishingly, breathtakingly dumb.
Thanks to Congress's failure to pass a new version of the farm bill, the last edition of which officially expired on September 30, American consumers are about to see the price of milk at the grocery store to skyrocket in the new year. It might even double to around $6 or $7 a gallon. That is, unless our elected officials defy their recent track record and manage to legislate a fix before January 1.
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