Re: 286 billion Farm Aid Bill for 2008
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Why don't you address the actual arguments that farm bill supporters use? Shouldn't the government subsidize the industry to ensure that there's always an available food supply? To the extent that we subsidies cause oversupply, isn't that our national hedge against overseas global events?
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No the government shouldn't. This is just a different type of fearmongering. "ZOMG But what if farmers just decide not to plant wheat one year!!!! Boogie Boogie Boogie!"
The government doesn't need to subsidize the industry to ensure farmers will produce enough food. The markets work perfectly without govt. intervention imo. If one year not enough potatos are produced, or even if farmers suspect there won't be enough planted you can bet your ass that those farmers will increase their acreage to try and take advantage of the high potato prices (because they are greedy capitalists as well) till the market gets saturated and the price falls to a level right about where farmers are break even. It's Econ 101 and even backwoods redneck farmers like me can understand it.
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