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The bread example is funny, considering how heavily subsidized wheat is around the world. So where's the creator of this video at in repealing the farm bill? T
by macawfish 9y ago
The bread example is funny, considering how heavily subsidized wheat is around the world. So where's the creator of this video at in repealing the farm bill?
There's too much "market demand" for a farm bill that works for some farms and not others. They have "bought" politicians who deliver what they "demand".
- mhaymo 9y agoIf you're genuinely interested, the writer of this poem, Russ Roberts, has in fact interviewed Daniel Sumner on that very subject, and they discuss in detail what subsidies exist in American agriculture, and the political economies that make them difficult to repeal. http://www.econtalk.org/archives/2015/02/daniel_sumner_o.html http://www.econtalk.org/archives/2015/02/daniel_sumner_o.htm...
- macawfish 9y agoCan't argue with that :)
- nickik 9y agoAre you really trying to argue that witout subsidize supermarkets would not be able to have bread for everybody?