Heritage In Focus: Farm Subsidies: Too Much of a Bad Thing
Heritage In Focus: Farm Subsidies: Too Much of a Bad Thing
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What a douchebag
False. 1. There were no farm commodity subsidies for corn 61, soybeans 96, wheat 61, rice77 & cotton 63 until the years shown 2 USDA-ERS CornWheatRiceCottonSoybeanBarleySorghumgrainOats lost 180 billion vs full costs 81-06 Rich could afford to farm (81-06) as tax loss 3 The 5 storable crops lack price responsiveness on both supply & demand sides. (economic fact proves free markets don't work & US exported at loss as price floors lowered 4 managSuppl=only profit 5. HF ideology trumps biz profit
There is a few that did do very well, but then there is the rest that are making up for bad years and playing enormous expenses. I do cash flows for farmers all day and I can tell you that not all farmers were able to sell at $7. Plus have you ever heard the word BASIS? Take that off their futures price and it isnt as pretty
I live right in the middle of the corn belt and can tell you the wealthiest of people are farmers. Do the math last year so farmers received $7 a bushel for corn. The averaged around 200 bushels per acre. One field of 100 acres grossed a farmer $140,000. I know farmers that farm 2-5 thousand acres. Even with expenses subtracted they made a killing last year, and on top of all of that they got your tax money in the form of subsidies. I wish I could be a farmer
Sure farmers make 1/3 more than the national average, but they also have to pay for expenses like land, seed, fertilizer, fuel, equipment, taxes, storage, transportation, and maintenance. By the time you subtract those expenses, sometimes you're left with a negative number, which is where Subsidies come into play! Hooray for researching your topic Heritage!
Its amazing how you look at war as a "corporate welfare program" instead of an unfortunate necessity. In fact, your comment makes no sense. If you know what a welfare program is, then war certainly doesn't fit the criteria. I have to laugh at all the liberal talking points on this site. Its the corporations man….. the U.S. war machine man….imperialistic U.S. policy man….Shut the hell up already, put down the bong, get a job, and join the rest of us here on planet earth liberal moron!
Wall street Journals David Rogers reported: Senate Passes $286 Billion Farm Bill, Expanding Subsidies for Growers.
Google RON PAUL!!!!
these boys need to read 'em some Cato. They shouldn't have given the subsidies during the Depression and they shouldn't be getting them now.
yes please!!!!!!!!!!!
Industrial animal husbandry is heavily subsidized by the government, and not only promotionally. CAFOs receive both huge monetary support directly, and a removal of other business costs. For example, factory farms in the U.S. create 130x the sewage of America's human population, yet they are not held to any treatment standards, much like those imposed on any city. This waste pollutes half of American streams and contributes to a "Dead Zone" the size of New Jersey in the Gulf of Mexico.
why aren't groups pushing harder for this? these same politicians who vote for amnesty are the same ones who vote for agribusiness subisidies, and that just sends us more farm workers from the south because they can't compete.
I'm in complete shock.
Heritage Foundation is making sense?
Are you going to take on subsidies to Big Oil next?