This won't go down well with American, European, Japanese, etc. farmers, and there should be some safeguards in place so that the United States is self-sufficient in the basics, but ending subsidies not only would be more fair (yes, I said fair), but also would either free up tax dollars for better use elsewhere, or could help with a stimulus/tax cut.
Of course, simply printing money and sending it to Africa, along with offloading all that surplus food our subsidized farmers produce on that continent and then boasting about it is a lot more attractive than incurring the wrath of the farming lobby, and more than a few other Americans.
The problem with subsidies and changing them is that in Africa you can hire someone for a dollar a day, there is little government mandated regulation. Given their unsubsidized, unregulated economy, they should be able to compete with any farmer in the world, subsidized or not.
I don’t have a problem with no longer subsidizing farmers if we stop subsidizing workers who give a buck’s worth of work an hour and earn $7. As long as the farmer is buying everything tax free and only paying on earned income, instead of having taxation and regulation built into inputs.
Absolutely. The African people are good people. They are very religious and increasingly more so, and they are ill served by the kleptocracy that currently runs so many of the countries. Aided and abetted by the idiocy of the West.
Cut the flow of dirty money and let African entrepreneurism and ingenuity loose. They are so blessed with mineral and other resources there.