Archive for May 15, 2008

Rising Food Prices: Who’s the Villain?

Food prices continue to rise in the U.S., as well as around the world, and our President has evidently lumped some of the blame on India. The New York Times reports:

After a news conference in Missouri on May 2, he was quoted as saying of India’s burgeoning middle class, “When you start getting wealth, you start demanding better nutrition and better food, and so demand is high, and that causes the price to go up.” Read the rest of this entry »

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