BUSH BLAMES India for rising food prices not BioFuel....., page 1
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Topic started on 3-5-2008 @ 06:52 AM by 123space

BUSH BLAMES India for rising food prices not BioFuel.....


timesofindia.indiatimes.com
WASHINGTON: Prosperity in countries like India is "good" but it triggers increased demand for "better nutrition" which in turn leads to higher food prices, US President George W Bush said. ( Watch )

The comments come close on the heels of US Secretary of State Condoleezza Rice's controversial statement that "apparent improvement" in the diets of people in India and China and consequent food export caps is among the causes of the current global food crisis.
(visit the link for the full news article)


reply posted on 3-5-2008 @ 09:03 AM by vor78
reply to post by 123space



Actually, the article states that he did include biofuels as one of the factors involved.

Otherwise, I don't see why this is a great, distressing revelation. What he says is absolutely true and any economist worth his salt will tell you so. As a population's wealth increases, so will their demand for goods and services across the board. One of those goods will certainly be food, anything from staples such as rice to more expensive luxury food items.

A quick check around the internet seems inconclusive, but if one could find whether India's food imports have been rising in recent years, it would probably help clear up the question of whether or not he's right.


reply posted on 3-5-2008 @ 09:05 AM by vor78
reply to post by Anti-Tyrant



I notice that in the sidebar, Bush has proposed $770 million in emergency food aid worldwide.

timesofindia.indiatimes.com...


reply posted on 3-5-2008 @ 09:25 AM by Anti-Tyrant
reply to post by vor78





That's gone up from the 200m that i last heard about.

I still contest the fact that you can't solve a problem like this by throwing money at it - this is the kind of stuff that requires back-breaking labour and iron willpower to deal with, not an easy solution like sprinkling a bit of cash here and there to lubricate the cogs.

Of course, it's not as if they're going to tell America to pick up it's shovels and start digging gardens now, is it?

[edit on 3-5-2008 by Anti-Tyrant]


reply posted on 3-5-2008 @ 09:30 AM by vor78
reply to post by Anti-Tyrant



I certainly agree with you that throwing money at it won't solve the problem. But that's what a government's solution to any problem tends to be; slap a bandaid on it and consider it fixed. Par for the course.


reply posted on 3-5-2008 @ 09:55 AM by 44soulslayer
reply to post by grover



I dont think Bush was blaming India. He is just stating the fact that increased demand from the tiger nations is pushing up prices. I think he knows there is nothing that he can do about it. There is nothing that anyone can do about it- its the free market.



reply posted on 3-5-2008 @ 10:02 AM by kelbtalfenek
reply to post by 123space




This is what happens when Bush forgets to consult with a speechwriter: the true ignorance shines through. Bush and the rest of the administration, congress and senate live in a fantasy world where taxes are voluntary (so they don't pay them,) greed is king, and world opinion doesn't matter. Apparently now, facts don't matter either.


reply posted on 3-5-2008 @ 10:06 AM by vor78
reply to post by grover



He's not blaming them at all, he's simply stating a fact. If India's demand for imported food has been on the upswing, it's going to be a factor in rising food prices as well and as 44soulslayer said, there's little if anything anyone in government can really do about it.


reply posted on 3-5-2008 @ 10:12 AM by vor78
reply to post by Anti-Tyrant



No argument, but that's just the way government works, unfortunately. They're usually interested in quick gratification and the easiest means of sweeping problems under the rug and getting the problem out of the public eye as best they can.

And the public is partially to blame as well, because anytime you show them a few dollar bills, they'll bite on it, hook, line and sinker. Money solves everything, or so most people seem to think.
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