U.S. ethanol pandering comes as food inflation poses massive risk 

Economic forecasts suggest huge problems from global food inflation:

Overheating emerging markets, in China in particular, pose the biggest threat to the market and political situation in 2011 according to Philippe Gijsels, head of research at BNP Paribas Fortis Global Markets...."In countries were 70 percent to 80 percent and sometimes more of a family's budget goes to food, explosive price rises risk to destabilize these societies.

What is our government doing? Exacerbating the problem by allowing more ethanol into America's fuel supply. It would be nice to see the Obama administration revisit this decision, but the president has been such a big big booster of ethanol for so long that it's hard even to imagine.

About The Author

David Freddoso

David Freddoso came to the Washington Examiner in June 2009, after serving for nearly two years as a Capitol Hill-based staff reporter for National Review Online. Before writing his New York Times bestselling book, The Case Against Barack Obama, he spent three years assisting Robert Novak, the legendary Washington... more
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