When I took economics back in the day my instrutor told us that government was by its very nature incapable of not either creating a surplus or a shortage of what every they were trying to fix/manage. Examples are the great society created a surplus of poor and the FED created a surplus of money then the EPA has created a shortage of jobs and PC and multiculturalism created a shortage of freedom!
By Katie Tubb and Nicolas Loris ~
The federal government’s mandate to require Americans to use expensive, inefficient biofuels is so broken and dysfunctional it can’t even decide the ideal target amount of production.
On Friday, the Environmental Protection Agency again announced that it would not determine the amount of ethanol and biofuels required to be mixed into every American’s fuel tank for 2014 by the Energy Independence and Security Act. In 2005, Congress mandated that alternative fuels, primarily corn-based ethanol, progressively be added to gasoline and diesel and that the EPA annually adjust the targets originally set by Congress as needed. Now that 2014 is almost over, the EPA has failed again to clarify the standards. Friday’s non-decision should remind us again of some of the reasons why it’s high time Congress repeal what some have accurately labeled a “Soviet-style production quota system” for the nation’s fuel supply.
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Centinel2012 