Why the US Wastes So Much Food

We already know why Europe wastes so much food. We've all heard of the butter mountains and wine lakes. The EU's socialistic Common Agricultural Policy demands that farmers produce hundreds of millions of Euros worth of surpluss goods, that the government buys with confiscated taxpayer money, in order to keep the paper lantern economy afloat. But the United States is different. Except with corn production, which is wasted to make horribly inefficient E85 gasoline, the US does not have anywhere the same level of central planning when it comes to agriculture as the EU (thank God). So why does the US waste enough food to feed an extra billion people? It turns out that capitalism (or crapitalism when it fails like this) can be just as destructive as socialism.