As a parent of four kids -- or really three kids and one milk-guzzling 6'3" monster -- I'm pretty sensitive to rising milk prices.
Help me, I'm being gouged!
It seems that new Asian demand for American milk is a major factor in milkflation. Higher corn prices -- corn feeds cows, cows make milk -- serve to make matters worse. The latter, of course, is due mainly to the government scheme to encourage ethanol production in hopes of saving us from Big Oil.
Now all we need is a zillion dollar federal program to work on developing a program to run our cars on milk. Or should that be a zillion dollar federal program to figure out a way to cover our breakfast cereals with petroleum?
