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> the American government spends $38 billion each year to subsidize the meat and dairy industries What does that work out to per pound of meat output?
by tablespoon 5y ago
> the American government spends $38 billion each year to subsidize the meat and dairy industries
What does that work out to per pound of meat output?
- saalweachter 5y agoUS meat production is about 100 billion pounds / year, half meat and half poultry. So removing subsidies alone would raise costs by about $0.38/lb, but it may be as much as twice that if subsidies fall primarily on one subsector. The externalities -- both environmental and the poor labor conditions tolerated in the meat processing industry -- are probably a bigger "subsidy" than the budgetary ones.