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The EU spends approximately the same per capita on direct farm subsidies as the US. Your choice of words however would mislead people into believing that 40% o
by whybroke 11y ago
The EU spends approximately the same per capita on direct farm subsidies as the US.
Your choice of words however would mislead people into believing that 40% of European national budgets are devoted to farm subsidies and that EU subsidies exceed US subsidies by a similar proportion. This is grossly untrue.
The difference is the US consumer realizes far less benefit. e.g. corn receives far more subsidies in the US than in the EU yet somehow is still more expensive to the US consumer.
What the US does have is an aversion to enforcing anti trust laws, tariffs designed to disadvantage consumers (eg on rice), a taboo on regulations and effectively no consumer advocates in government.