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Regulated Market Failure
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speculative
Hard to believe it was just 5 seasons...


Member 1399

Level 25.03

Mar 2006


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Old Jul 1, 2007, 08:17 PM Local time: Jul 1, 2007, 07:17 PM #1 of 13
All I got from the link was: Couldn't find mapping for /mld/journalgazette/living/17297411.htm and no default error page!

Anyway, I saw in the newspaper that beef has risen in price by about 75% over the last 5 years per pound. Meat I used to buy for $3/lbs. just a couple years ago is now more than $5/lbs. in the same supermarkets. Widespread testing will just raise the cost even higher: $8/lbs. for beef? $12/lbs. for steak? No thanks, and I think many others would turn away when this "testing" (and has it been scientifically proven to make our meat safer, because at the moment it just seems like marketing BS) drives the cost up. May as well just import that hand-massaged beef from Japan.

Beef producers shouldn't worry about other beef producers: the real worry here for the beef industry should be other meats. The industry needs to be careful not to price itself out of the market. Luckily, industrial pork farms are big heaping cesspools that no one wants nearby, fish have mercury (actually trout get whirling disease which has similar zaniness-inducing effects as mad cow), sheep are dumb and do not go where you tell them to go (hence sheepdogs), it's not acceptable to eat dog meat in the West yet, and poultry is going to wipe out 99.9% of mankind with bird flu (and eggs cause high cholesterol depending on whether or not it's a leap year ).

I wouldn't complain about mad cow that much, in light of things, unless you're arguing for eating shrubbery. And then you get to deal with... E. Coli!

Food ftl I guess...

Jam it back in, in the dark.

Last edited by speculative; Jul 1, 2007 at 08:21 PM.
speculative
Hard to believe it was just 5 seasons...


Member 1399

Level 25.03

Mar 2006


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Old Jul 3, 2007, 10:39 AM Local time: Jul 3, 2007, 09:39 AM #2 of 13
Oh, I'm not arguing that the true cost of testing will = the price increase in beef. I would argue that they will jack up the price even higher than it has already been jacked up (have production costs really gone up 75% in the past few years?) and use this "testing" to justify the increase.

There's nowhere I can't reach.
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