We are doomed because big business is protected by politicians on both sides.
It's too late now and it will never be banned.
And why the heck does the USA continue to do welfare for the corn industry which is massively profitable.
It's too late now and it will never be banned.
And why the heck does the USA continue to do welfare for the corn industry which is massively profitable.
Bear in mind, this is a gross over-simplification of the core problem (e.g. Archer-Daniels-Midland seems to have an amazingly powerful set of lobbyists), but it should still give you a sense of what's what.
Setting aside native sons (Tom Harkin 1992; plus, Clinton's 'bimbo eruptions' didn't help), you have to go all the way back to 1988 to find a Presidential candidate who won without carrying Iowa.
One might also say that politicians are protected by big business. The problem isn't one particular group, but that the system has been perverted so that this symbiosis is profitable for both groups.
why the heck does the USA continue to do welfare for the corn industry
Read up on public choice economics: https://secure.wikimedia.org/wikipedia/en/wiki/Public_choice...
Extended clip Youtube: http://www.youtube.com/watch?v=jDurZc5Yr6c
[0] https://secure.wikimedia.org/wikipedia/en/wiki/Banana_republ...
A banana republic depends on bananas or some other cash crop. The US dos NOT depend on corn. Quite the opposite, it uses tax revenue from OTHER profitable sectors of the economy to subsidize corn.