well personally im for the ending of all subsidies. though there are several i hate more than others.

Also, for those who want some information, here is an article: http://www.thedailybeast.com/articles/2012/12/29/the-milk-cliff-explained-why-a-gallon-may-soon-hit-7.html

You will discover that this literally has absolutely nothing to do with subsidies ending, but instead, has to do with the 1949 Agricultural Act. This act includes a mandate that the secretary of agriculture set a minimum price on milk. This bill from 1949 states the price is $39.53 per hundred pounds.

If the Farm Bill passed in 2008 expires (which it is set to at the end of 2012), we will be forced to have that minimum price of $39.53 per hundred pounds, which is considerably more than the $19 to $20 that farmers actually need.

If you take the current national average milk price of $3.56/gallon, you will come out to an average of about $7/gallon due to the increase in price per pound.

To continue on further, how they are coming up with $7/gallon is incorrect. They are insinuating that the price per pound paid for milk is the ONLY determining factor for how much we pay per gallon in the stores.

It isn't. All other input prices are staying the exact same (packaging, shipping, etc.), as well as the profit per gallon from the store's end not necessarily doubling from this.

So while the 1949 bill coming into effect would result in a significant price increase in milk, it will not likely result in a doubling of the price paid in stores per gallon of milk.

Oh, and in case this still doesn't make sense to people, I'll put it much more simply:

Farmers are going to be making so incredibly much money after this goes into effect it isn't even funny.

I was being fair.

FYI -

I don't think the fiscal cliff ends farm subsidies.

What it does is ends a rule that overrode a law from post-WWII forcing the Agriculture Dept. to buy milk at a price more than double the current price. So the price of milk would skyrocket due to the lower volume of milk available.

In fact, it would appear a farm subsidy will be enabled by the fiscal cliff in that the US government will be buying milk at a considerable premium despite the fact that the market is much lower.

http://www.examiner.com/article/milk-prices-to-fall-off-fiscal-cliff-to-8-gallon-if-republicans-fail-to-act

Good about time, now if we just end college subsidies.

End college subsidies -> Lower enrolment in colleges -> Supply becomes greater than demand > Price of school drops NATURALLY

The market does a better job than the government.

This clearly shows you know nothing about civics. Congress spends the money, makes the laws and tax's, not the president. The president either signs a bill that congress comes up with or veto's it. The republicans had a plan b in the house and john boehner couldn't even get the republicans to vote on there own bill. Not sure if you have noticed but the republicans are having a civil war.

However lets also add that republicans only keeped the house because they won a lot of state legislatures in 2010 and redrew congressional districts way in there favor, So much so that democrates had 500,000 votes more in the house and republicans still held onto the house by 17 seats. The republican party is in massive decline.

 Oh and democrates passed a plan in the senate months ago and John Boener won't put it up to a vote in the house because it would pass and he is scared to loss his speakership.

It's nice to know that you watch corporate news and don't even understand the order of things in the goverment. Have fun being mad  when it's the republicans blocking everything because there scared of grover norquist threatening to beat them in primaries if they don't do what he says. So it's great you got a guy not even elected owning the republican party by the balls. LOL

http://www.motherjones.com/kevin-drum/2012/12/boehner-sabotaged-lunatic-wing-republican-party?google_editors_picks=true

LOL What???

Bull sh-t. LOL

Well I appreciate your thoroughness. Maybe the next time neoclassical architecture comes up I won't come off as a total noob.