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To: the invisib1e hand

Smuggling milk?


59 posted on 07/25/2012 2:41:02 AM PDT by Daveinyork
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To: Daveinyork
I'm not saying subsidies are by themselves a good idea. I am saying that they may be a bad idea that alleviates the effects of lots of other bad ideas (read: the ridiculous litany of frivolous regulations).

Example: OJ. US producers can't be expected to compete with Brazil; the regulatory costs here are too high. But a way to alleviate the regulatory costs is with a subsidy. It's rank redistribution, but that's the way it is.

Before people automatically dismiss subsidies as a payoff to farmers, they might want to consider the rationale for them to begin with, as it might be legitimate under the circumstances.

60 posted on 07/25/2012 2:50:05 PM PDT by the invisib1e hand (If Bill Ayers had a son, he'd look like James Holmes.)
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