No, dear boy, it is NOT. The whole ethanol-from-corn business is barely a blip on the federal spending problem.
Here's a clue.....making ethanol from corn INCREASES the total available amount of food. The only part of the corn that is usable for ethanol production is the carbohydrate fraction, which comprises about 1/3 of the total corn caloric value. Protein and fat fractions are sold and enter the economic food chain, largely as livestock feed supplement, but also as food additives. This is corn that WOULD NOT HAVE BEEN PLANTED without the "ethanol option".
Conservatives and the liberal media seem to agree on reporting ethanol as a problem leading to higher food prices.
Of course for those who make money from the ethanol business
they could care less about the higher food prices.
GET RID OF SPENDING OUR TAX MONEY ON ETHANOL, PLANNED PARENTHOOD, PUBLIC BROADCASTING AND THE LIST GOES ON.
THAT’S A GOOD START TO A ‘LIBERTY PARTY’ PLATFORM THAT SAYS
NO DEPARTMENT OF ENERGY, DEPARTMENT OF EDUCATION AND THE LIST GOES ON.
ALL THE PEOPLE THAT WORK IN THOSE DEPARTMENTS CAN LOSE THEIR JOBS THAT COST US TAXPAYERS BILLIONS OF BUCKS.