David Frum

@davidfrum ↗

Deleted No

Hibernated No

Last Checked Jan. 30, 2023

Created

Sat Jan 21 14:54:37 +0000 2023

Likes

Retweets

Source

TweetDeck

View Raw Data

JSON Data

View on Twitter

Likely Available

David Frum @davidfrum

The Biden beef plan was probably 90% cynical politics. "We must do something. This is something. Let's do this." But there was a dose of real anti-market thinking there too. Which, I wrote in 2021 was foolish, dangerous, and unnecessary. https://t.co/4OFnUzzzKd — PolitiTweet.org

Posted Jan. 21, 2023

Preceded By

David Frum @davidfrum

The Biden plan for beef amounted, basically, to $500 million in subsidies for smaller meatpackers in hopes that this would translate into more "resiliency" in the industry, more competition, and therefore lower prices. https://t.co/4OFnUzzzKd — PolitiTweet.org

Posted Jan. 21, 2023

Followed By

David Frum @davidfrum

500 million wasted dollars later, beef prices have declined. Meatpackers in 2023 are no less greedy than in 2021. The industry is no less concentrated than it was 2 years ago. (Or 20 years ago.) All that happened was that markets worked. As usual. https://t.co/4OFnUzzzKd — PolitiTweet.org

Posted Jan. 21, 2023