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Obama Calls for 'Grand Bargain' on Economy: 'Everybody's Going to Have to Give'
ABC News ^ | January 10, 2009 | George Stephanopoulos

Posted on 01/10/2009 9:10:12 PM PST by stevie_d_64

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To: squidly

“If by “giving” he means giving up an entitlement, then Mr. O and I could get along better than I expect”

When agricultural subsidies (which disproportionately benefit IL, among other states) are on the chopping block, you will know BHO possibly is serious. Until then, it’s just business as usual in DC, the only real change being the name of the occupant of 1600 Pennsylvania Ave. Isn’t that change we can believe in?

“It is evident that there are no economic justifications for retaining agricultural subsidies. The reason, therefore, must be political.”
http://oceangebhardt.com/docs/pdf/AgriSubsidies.pdf

“The ratio of subsidies to value is highest in the states that grow primarily program crops and that have relatively small livestock sectors. This includes Illinois, North Dakota, and Montana.”
http://www.card.iastate.edu/iowa_ag_review/fall_01/concentration.aspx


141 posted on 01/11/2009 6:11:51 PM PST by DrC
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