Okay I see what you're saying. Yeah I don't think he's planning to keep all this on pause for a minute longer than needed and probably putting 100% of it on pause was a bit of a overreaction but I mean I am glad that they're finding what they're finding
The problem with the subsidies is that they are abused. A farmer needs more money so he decides to grow soy beans but there is a glut on soy beans so the government pays him to not grow any. Sounds like a plan to me.
What are the benefits to farm subsidies? I mean from a higher level economic perspective. Why not just let the farms who have planned the best and be successful, be successful? Or is there some advantage to basically subsidizing the ebbs and flows
The problem with the subsidies is that they are abused. A farmer needs more money so he decides to grow soy beans but there is a glut on soy beans so the government pays him to not grow any. Sounds like a plan to me.
What are the benefits to farm subsidies? I mean from a higher level economic perspective. Why not just let the farms who have planned the best and be successful, be successful? Or is there some advantage to basically subsidizing the ebbs and flows
Subsidies are prone to abuse and distort the economy. Nevertheless, there are some legitimate reasons for providing limited farm subsidies, which cause me to have cognitive dissonance since I'm basically opposed to subsidies. Also high sounding goals, over time are prone to corruption as the recent USAID scandal has demonstrated.
The US, over time, has been losing farmland. One could make a case that this is similar to the loss of manufacturing capability in the US. So what happens if the US can't feed itself? As a side note, a lot of small family farms have gone out of business.
Our farms and farmers are just as important to our national security as steel is. We lost steel. We are now losing our farmland. I don't recall the Constitution being a suicide pact.
Monsanto is also a threat to our food chain with their genetic manipulation of crop seed. They have also added a huge annual cost to farmers by not allowing farmers to save seed from their current crop and use it to plant next year's crop. Every year the farmer has to purchase new crop seed from Monsanto. They even get sued if by accident some of last year's crop reseeds itself. I'm very happy that I can now buy legacy tomatoes in almost every supermarket. They may not always be pretty but they normally taste very good.
Monsanto is also a threat to our food chain with their genetic manipulation of crop seed. They have also added a huge annual cost to farmers by not allowing farmers to save seed from their current crop and use it to plant next year's crop.
Monsanto is a case of the pendulum of supposed "intellectual property/patent" swinging too far for the benefit of the corporation. What would be interesting: farmers suing Monsanto for "damages" and "rent" when wayward seeds "infect' adjacent fields devoted to other crops. What goes around can come back to haunt you.