Actually it doesn’t.
Corn would make about as much money if fed to hogs and sold as ham and bacon.
What ethanol does do is raise the price of food, generate a source of graft payments, and create a raft of paid mostly leftwing bureaucrats. I submit that those three things were the actual purpose originally.
What ethanol does do is raise the price of food, generate a source of graft payments, and create a raft of paid mostly leftwing bureaucrats. I submit that those three things were the actual purpose originally.
You need to add:
Taxpayers pay for subsidized corn
Drivers get worse mpg - which is a tax
Cars are damaged
I bet you’re right. Heck; maybe we both are. It’s a scam either way.