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This is at least a bit understandable... if something bad happens, a (trade, or a 'classic') war, some large catastrophe somewhere, you want local farmers with
by ajsnigrutin 1y ago
This is at least a bit understandable... if something bad happens, a (trade, or a 'classic') war, some large catastrophe somewhere, you want local farmers with all the equipment, knowledge, fields and warehouses ready to take over. Yeah, sure, today maybe you have a surplus of potatos, more than your people want to eat, and still more expensive from imported ones from some other country, but subsidizing the farmers means that in such extreme cases, you at least have the infrastructure to grow potatos to feed the people at home.
- troupo 1y agoThe New Deal used this tactic to (a very simplified description) raise prices on farm products and let farmers get out of poverty during The Great Depression: https://en.wikipedia.org/wiki/New_Deal#Farm_and_rural_programs https://en.wikipedia.org/wiki/New_Deal#Farm_and_rural_progra...
- actionfromafar 1y agoNow we use the opposite tactic! Brilliant times ahead.
- harvey9 1y agoThe EU also used to have wine surpluses like this. I suppose you could make a witty argument that wine will be needed in a crisis.