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Meat Shortages Are Coming Unless Congress Breaks up the Highly Centralized System It Created - Foundation for Economic Education
The leftist regulatory state is the best thing that ever happened for big corporations, but the worst thing to happen to the rest of us.
Meat Shortages Are Coming Unless Congress Breaks up the Highly Centralized System It Created
Representative Thomas Massie (R-Kentucky) is gaining bipartisan support for his PRIME Act, which stands for Processing Revival and Intrastate Meat Exemption Act. The bill has been sitting in the House and the Senate for nearly a year, meaning it could be fast tracked to President Donald Trump if the political will is there.
The legislation lifts restrictions on over 1,000 mom-and-pop meat processing plants that aren't allowed to supply restaurants, schools, hotels, and the like. Yes, you read that right. The American people are dependent on a few big businesses that enjoy great advantages thanks to regulation.
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Ostensibly, the rules are written to protect the consumer, but in reality, they just protect the large corporations against competition.
The leftist regulatory state is the best thing that ever happened for big corporations, but the worst thing to happen to the rest of us.