Nothing resembles ‘Eternal Life’ more than a government program...to paraphrase R.Maximus.
Corporate socialism at it’s best.
There may be some legitimacy here. Because of the ethanol boondoggle, worldwide food supplies are at dangerously low levels. So by increasing the subsidy, I would assume that they want farmers to grow extra this year, to help replace those supplies.
As an aside, I once saw a map of the US, showing the “military industrial complex” that just blanketed about half of the country in tiny red dots. It was noted that “American agribusiness” could have easily covered the entire other half of the US.
Truly the world’s breadbasket.
....”modest changes to the law, among them a means test for subsidies that would still let farm households making up to $200,000...”
....$200,000 is not that much....a new tractor will run you $100,000; new combine $250,000...fertilizer/pesticide easily $100,000 year....and we all know what’s happening to the cost of fuel...in our home we quit worrying about stuff like this and in 2003 bought shares of Chevron, John Deere and Bunge....so far, so good.
bump