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Subcidies are 90% of the reason our country is turning to shit. It leads to corruption, massive distortions and zombie companies that only exist as parasites on
by pibechorro 5y ago
Subcidies are 90% of the reason our country is turning to shit. It leads to corruption, massive distortions and zombie companies that only exist as parasites on tax payers. From the ballooning student debt, to the ridiculous military industry, to prisons being at record numbers, etc. We need a lean and efficient economy which functions "as is", a true and fair free market. Politics should have close to no impact on it and sadly, wirh forced lockdowns which did nothing good (0.2%) and bailouts being handed out like candy, we are very very far from the dynamism which made the country great and free. We need a minimal operating system for the people to run good games over it, we live in Windows Vista.
- JasonFruit 5y agoYou're being downvoted to oblivion but you're speaking my language. Government needs to get out of the way and let people thrive, rather than stepping in to subsidize the ways they're failing and encourage them to continue.
- mastax 5y agoDon't forget high tariffs and the Jones act!
- landemva 5y agoSubsidies are the symptom. The reason is fed govt ability to create unlimited spending. The reason for that is 3rd central bank known as 'Federal Reserve' which manipulates interest rate on govt debt issuance.
- edmundsauto 5y agoHonest question - did farm subsidies precede the FR?
- landemva 5y agoSubsidies in general are enabled by deficit money printing which would presently be unaffordable without interest rate suppression. Farm subsidies take various forms such as tax preferences, import tariffs, and a USDA organization specifically tasked with manipulating crop prices. https://www.usda.gov/ccc https://www.usda.gov/ccc