Subsidizing it is crazy. If it made sense, the government wouldn't have to subsidize it. Borrowing 40 cents of every subsidy dollar is insane.
If that were true, you’d be right - but comparatively little corn grown here goes into actual food. A tiny bit goes into sweet corn production, but most corn grown, is just feed - that hasn’t been turned into steaks yet.
Ethanol production just turns the starch in the kernel into alcohol.
This part is important boys and girls - pay attention -
The remaining mash is sold as Distillers Dried Grains and - sold as feed rations, just as customary, to make steaks and beef products that millions of people enjoy.
Anyone making this argument isn’t being honest, or at least very uninformed.
Wonder what “favors” were exchanged to sell this stupid idea? I’ve wondered a long time.
Bush signed it, bought into it and embraced it. Why? How did he become convinced this could ever be a good idea? He was not alone. He had lots of help.
Who got paid off and how much?
Doing something this stupid could only have happened by greed and stupidity.
When will it get reversed? When will the gravy train end for the farm belt?
And what SHOULD be done with our mountains or surplus? Plow it under?
All of this basic corp is converted to another form before human use, fuel is just one a a dozen viable options for a farmer to choose.
I used to convert it to pork, many still chose to do so.
Agreed.