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Farm Subsidies- Can the US really afford them now? Are they necessary?


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2011 Mar 30, 12:18am   8,721 views  53 comments

by American in Japan   ➕follow (1)   💰tip   ignore  

The US spends $10-$30B/ year subsidizing corn, wheat, soybeans, cotton, sugar, and other crops (even tobacco). Many of the farm are corporate mega farms these days. What do you all think?

Wikipedia gives figures:

Agricultural subsidy

and

Agricultural Subsidies (Cato.org)

I hesitate to use Huffingtonpost as a source anymore, but here goes:

http://www.huffingtonpost.com/2010/11/14/farm-subsidies-politicians-who-get-them-_n_783322.html

Though a few years old, no less relevant today:

How to Spend an Extra $15 Billion (Washington Post interactive)

Newest bad idea:
Farmers Facing Loss of Subsidy May Get New One (NY Times)

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52   American in Japan   2011 Dec 6, 11:59am  

bob2356

>Yes but lots more corn gets grown by republican voters in the red states than sugar cane.

I really hate the hypocrisy here with these beneficiaries of federal money.

edvard2 says

>That said, if subsidies go away for starters a LOT of farmers would go bust pretty quick.

I am skeptical about this claim. Data?

53   American in Japan   2012 Aug 15, 6:37pm  

I don't know who gave you the "dislike" Thunderlips, but you are right.

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