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To: Sacajaweau

October 16, 2011

The Department of Food Subsidies

By Victor Davis Hanson

6/23/2011

The Department of Agriculture no longer serves as a lifeline to millions of struggling homestead farmers. Instead, it is a vast, self-perpetuating postmodern bureaucracy with an amorphous budget of some $130 billion — a sum far greater than the nation’s net farm income this year. In fact, the more the Agriculture Department has pontificated about family farmers, the more they have vanished — comprising now only about 1 percent of the American population.

Net farm income is expected in 2011 to reach its highest levels in more than three decades, as a rapidly growing and food-short world increasingly looks to the United States to provide it everything from soybeans and wheat to beef and fruit. Somebody should explain that good news to the Department of Agriculture: This year it will give a record $20 billion in various crop “supports” to the nation’s wealthiest farmers — with the richest 10 percent receiving over 70 percent of all the redistributive payouts. If farmers on their own are making handsome profits, why, with a $1.6 trillion annual federal deficit, is the Department of Agriculture borrowing unprecedented amounts to subsidize them? ....

Read:

http://townhall.com/columnists/victordavishanson/2011/06/23/the_department_of_food_subsidies/print


9 posted on 10/16/2011 6:54:24 AM PDT by KeyLargo
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To: KeyLargo

bttt


28 posted on 10/16/2011 8:49:29 AM PDT by Matchett-PI (Obamageddon, Barackalypse Now! Bam is "Debt Man Walking" in 2012 - Rush Limbaugh)
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