milk

The President’s Spilled-Milk Joke

One of President Obama’s better applause lines the other night came when he stepped into the unaccustomed public role of a deregulator:

We got rid of one rule from 40 years ago that could have forced some dairy farmers to spend $10,000 a year proving that they could contain a spill — because milk was somehow classified as an oil. With a rule like that, I guess it was worth crying over spilled milk.

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