Right Thinking From The Left Coast
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The Madcowness of King George

I am as pro-business, pro-market a guy as any who have ever walked the face of the planet.  This quite often opens me up to unwarranted criticism from lefties as being “a tool of big business.” I don’t favor a single business.  It’s a good thing when companies go bankrupt, because those assets will be purchased by other companies who can put them to better, more efficient use.  Markets drive innovation, and innovation means progress. 

Note to lefties:  what I espouse does not make me a tool of big business.  People who support shit like this are tools of big business.

The Bush administration said Tuesday it will fight to keep meatpackers from testing all their animals for mad cow disease.

The Agriculture Department tests less than 1 percent of slaughtered cows for the disease, which can be fatal to humans who eat tainted beef.

But Kansas-based Creekstone Farms Premium Beef wants to test all of its cows.

Larger meat companies feared that move because, if Creekstone tested its meat and advertised it as safe, they might have to perform the expensive test, too.

The Agriculture Department regulates the test and argued that widespread testing could lead to a false positive that would harm the meat industry.

This is as good a lesson in free market economics as I can think of.  A small company wants to increase its stature by offering a value-added service to its product, which in this case is testing all its meat for mad cow disease.  The big meat corporations know that this will probably resonate with customers, and the laws of the market ttell us that consumer demand will require them to test all their meat too.  So, what do the corporations do?  They go whine to politicians who they have bought and paid for and stifle the market forces which will in all likelihood require them to perform this same test.

End result:  innovation stifled, meat is less safe, and those huge checks the corporations gave to various politicians have been shown to be well worth it.  Liberals, please understand, this is not the free market at work.  This is the polar opposite of the free market.

Posted by Lee on 05/31/07 at 01:41 PM in Politics • Permalink

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