Today's WSJ has an article highlighting what is inherently obvious: when you burn part of the food supply, the price of groceries will increase:
Supply and demand, anyone?
Progressives who constantly gripe about regressive taxes are awfully silent regarding what equates to an $8.8 billion regressive food tax. Of course, I'm sure their response would be to increase food stamps.
In light of the all-too-predictable spike in grocery prices, the Obama administration nevertheless is seeking to double-down on this war on the poor policy of ethanol mandates:
And putting the icing on the cake of this expensive corn ethanol boondoggle is research that shows it actually releases more CO2 than fossil fuels over the long term:
Unfortunately, the joke is on consumers and taxpayers. As the article sums: