Monday, July 8, 2013

Raisin farmers don't want to be subsidized!

It's always nice to see a pro-free market solution rise to the top, even if it has to go all the way to the Supreme Court!

I love the first line of the article:
The Supreme Court is giving California raisin producers a new day in court to object to a government program that aims to stabilize prices by regulating the market.
So the people are against a government enforced program that stands no chance as being efficient as free market.  In a free market, raisin prices are set by supply and demand.  Aspects such as weather conditions, crop yields, acreage planted, distribution systems, etc... all factor into the prices and will rise or lower depending on the outcomes.

Read the article.

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