6 ms·
USAID spends ~$2B p.a. on food from US farmers, I assume the presumption that without that backdoor subsidiary farms making less money will be cheaper. Though t
by cjbgkagh 2y ago
USAID spends ~$2B p.a. on food from US farmers, I assume the presumption that without that backdoor subsidiary farms making less money will be cheaper. Though total output value is ~$200 p.a. so that’s %1, but price is set at the margin so actual loss could be greater.
I think this loss might already be less than the loss from the effects of ozempic.
Edit: looking at total US farm subsidies from taxpayers is around $30B which is ~%15.