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I know this, "the budget cuts" = job loss= high unemployment= lost tax revenue = more budget cuts = more job loss= more unemployment = more lost revenue...... getting the picture
blue·print (blū'prĭnt') Noun 1. an original description of a plan or idea that explains how it is expected to work
In Washington, the International Monetary Fund added its warning about the consequences of a mass conversion of food crops into fuel. Vast US government subsidies for the production of ethanol, used as a petrol additive in America, has encouraged the expansion of ethanol distilleries. The indirect subsidy to ethanol on the 4.9 billion gallons produced in 2006 comes to $3.9 billion. Together with the direct subsidies of $0.9 billion for corn and $2.5 billion for ethanol the grand total is $7.3 billion. That's $1.50 per gallon of ethanol, or $2.28 per gallon of gasoline replaced.
Here's why the BLUEPRINT for JUSTICE wants to highlight the CONNECTION between Food and Fuel.
Sharp increases in food prices over the last few years have impoverished millions. In the up coming blogs(now that you have some facts) I will outline the inadequacy of states and federal government safety nets and propose means by which the progressive community might help poor consumers cope with rising food prices.
Keep this in mind--- food commodities prices increased 130% from January 2002 to July 2008. Individual agricultural commodities show even more pronounced increases: corn (up 190%), wheat (162%), rice, (318%) and soybeans (246%) rose dramatically. Food prices began to fall in July '08, bringing some relief, but prices are likely to stay high for the foreseeable future. What does this mean for the poor?
Turn to the BLUEPRINT for JUSTICE.