"Despite high costs, don't sell the ethanol farm yet"
The Post continues its love affair with government subsidies, even when they are demonstrated failures like ethanol.
The Post believes that somewhere out there exists just the right combination of subsidies that will make our energy problems go away. We just have to let the government figure out what that perfect combination is.
The Post urges our patience while we munch on $10 ears of corn, because the ethanol subsidies are "generating new industry in Colorado."
That, my friends, is simply short sighted. It is impossible to micromanage the economy without creating unforeseen negative consequences.
