I guess Mexican president Felipe Calderon has taken a cue from Venezuela’s Hugo Chavez and has decided to ruin his country’s food supply. How long before we start to read about shortages in some of the 150 foods targeted for price control? Well, at least this hapless experiment is set to lapse after six months:
Food manufacturers promised Mexico's government to freeze prices on more than 150 food products Wednesday to help families cope with rising costs.
President Felipe Calderon announced that prices for goods such as cooking oil, flour, canned tuna, fruit juices, coffee, ketchup and canned tomatoes will remain fixed until Dec. 31. (Read More)
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