A Ringing Defense of Farm Subsidies

From Joyce Morrison.

On the one hand, she seems to have a clear point.

On the other, it is really dumb clear point. Not to mention Joyce is a welfare farmer. Subsidies produce gluts that artificially lower the prices and keeps inefficient producers growing. If you can’t efficiently compete, don’t. Either find a profitable crop or find another occupation. We don’t guarantee people jobs of their choice in this country. We do our best to provide economic conditions that promote full employment and that is good and certainly our rural areas are need significant help there.

However, that isn’t an excuse to cater to an inefficient industry that survives in its current form through protectionism and subsidies. If you do away with sugar quotas and subsidies corn becomes far less profitable and either Illinois producers have to switch to a more profitable crop or become more efficient. Farms are businesses and the conceit that they are a way of life is nothing besides an excuse by those businesspeople to continue to receive their subsidies at taxpayer expense and receive protection from efficient sugar producers at the expense of consumers and those companies that use sugar in production.

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