Like, didja see the story they’re floating about U.S. pig farmers?
Seems the sudden (and, of course, temporary) loss of “official government statistics” on pork might pose a big problem.
“The disappearance of official prices removed a reference point for farmers to negotiate sales with meatpackers,” writes Gregory Meyer of the Financial Times.
“We have no clue what the price of hogs is, or the price of pork,” says Illinois hog farmer Brian Duncan.
Oh. My. Gawd.
Matthew Yglesias, a business and economics correspondent for Slate, reports that this loss of official government statistics “makes it hard for farmers to know what to do.”
Methinks maybe pig farmers — and a lot of other American business people — have grown a tad too reliant on white-collared bureaucrats and regulators in Washington, D.C.
Hell, ANY nimrod can conduct business without leaning on official government statistics.
Even reporter Yglesias, after stirring the “crisis pot,” admits in his article, “of course it’s hardly impossible to conduct market transactions without government price data. People do it all the time.”
But he adds that “for large commodity industries, it’s certainly much simpler if credible knowledge [sic] is widely available.”
Pity the poor “large commodity industries.”
Hey, fella, life’s not always as simple as we’d like.
Live with it.
Anyway, enough ranting.
All this just goes to show that the best business to launch — once you’ve escaped the 9-to-5 treadmill — is a “business without walls.”
Maybe something you can run while lounging on a beach in Maui with a laptop.
Or while sipping lattes in a coffee house in Kettleman City, California — http://tinyurl.com/3c48d3k.
The smaller, the better.
It IS possible to make money without hassling too much with federal bureaucrats and regulators, you know.