Eating their own
Want a glimpse of what happens to businesses reliant on government regulation to stay viable? Take a look at California, where cheese makers benefit from a state law governing the price they pay for milk.
The price has been so low that many dairies are now going out of business — an estimated 100 out of roughly 1,600 this year. Dairy owners obviously favor raising the price. Cheese makers argue a milk price increase could drive them out of business given the high cost of operating in California due to its other excessive regulations.
To offset the impact of overreaching government regulations, cheese makers are forced to promote … other overreaching government regulations. Instead of competing through the marketplace and letting consumers ultimately determine price, California’s dairies and cheese makers must compete in lobbying state lawmakers.
That’s no way to run an economy.
Message Sent Successfully
Be Sure to Check Out Our Top Headlines
- 24384Oklahoma baseball: Joe Simpson 'thrilled' that Sunny Golloway left OU
- 14430Classen School of Advanced Studies valedictorian disappears while hiking with family in Ecuador
- 10043UPDATE: I-40 reopened at Shields after fatal wreck
- 8936Tom Ward is out as SandRidge's CEO
- 7944Oklahoma State football: A stunning success story at the box office
- 7183Oklahoma State football: Mike Gundy lifts Wes Lunt restrictions, but too late
- 6372Prosecutors say stolen car was at heart of 2011 fatal shootings in Oklahoma City
- 6313Get App-y: Google Glass to offer heads-up computing
- 6107Team Blake's Danielle Bradbery wins "The Voice"; The Swon Brothers finish in third place
- 5639OKC Central: Architectural "Worsts"
Back to share with a friend form.
Add More Recipients