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Thursday, January 01, 2009

Taxpayers to buy ... Cheese?

by Calculated Risk on 1/01/2009 08:59:00 PM

From the NY Times: As Recession Deepens, So Does Milk Surplus

[W]hile the government has price-support programs for about two dozen agricultural products, so far milk powder is the only commodity that has sunk low enough to trigger the flow of government dollars. Some expect that taxpayers will soon be buying blocks of cheese, too, given the plunging price.
I'm back home and I'm catching up on my email and the news. Normal posting resumes tomorrow ... best to all.