Cheezy the Wiz
Socialist In A Hurry
The push for a single payer national healthcare.
Already disproven in this thread.
Got anything else? Maybe links to go with it?
No, we don't do better because of it. Food that the tax payer is paying for is rotting in silos.
You still haven't shown a link for this.
It would certainly be better if the people making that food were doing something else that wasn't an economic drain on the economy.
It's not a drain on the economy, it's money the government injects into the economy. That is, by definition, an economic gain.
Well, if I had a dollar for every time I have heard this comment from lefties, I would be rich! If I added up the amount of money that lefties have dismissed, from one program or another, that is being wasted... we probably wouldn't have a budget deficit.
Which do you think would cost more money, the $14 Billion lost in bailing out the automotive companies, or their immediate collapse and the loss of tens of thousands of jobs?
Why do some companies get interest free loans... and don't even have to pay it back in full?
Good ol' boys take care of one another.
If we are spending money on it, it isn't a boost. It is a drain. The internet was a boost, the invention of mass production of automobiles was a boost... paying farmers to grow crops that will never be sold is not a boost.
Basic economics disagrees with you. The initial investment in the economy (government expenditure) multiplies several times over, and increase aggregate demand. Government expenditure helps the economy. And as I said before, in this case it directly feeds back through lower food prices.
See above where you talked about $14B isn't much.
It's not, it makes food much more affordable and provides us with a myriad of goods in effectively infinite supply.
BECAUSE WE ARE PAYING FOR IT.
Then it impacts the budget, not the economy.
So let me ask you this, then. If government expenditure hurts the economy so much, then why did the largest government spending programs in history create the largest economic recovery and boom in history?
You can farm without subsidies, we have the technology.
Technology has nothing to do with it.
How many people can one farmer support now?
Why do we have so many more than we need then?
This isn't a hard concept to grasp.
You still haven't proven that we have "more than we need!"
Your argument is so unprogressive it amazes me. Why not subsidies horse drawn carraige drivers? You could apply almost all the same arguments to this idea...
I'm not even going to address this, it's such a ridiculous red herring.
I suppose the subsidies may be lower in the UK... but it is pretty outrageous how much we are spending to keep people in agricultural jobs that could be providing more needed services and not needing to be paid to stay afloat.
Actually they're higher in the EU.
Allow me to explain, for a moment, just what purpose agricultural subsidies serve. They arose in during the Great Depression to preserve our farming industry, because so many farmers were not making enough money to survive (because of the economy!), and thus going into bankruptcy and selling the family farm. Bad weather and a bad economy made their returns on produce very unstable and unpredictable. Subsidies helped to smooth over that unpredictability a bit by providing farmers with at least some income on which they could absolutely depend, and thus continue to plant and grow food even though prices and production were both bad. With this predictability of income comes more willingness to invest further, and in things that perhaps might not have been if farmers were left purely to their own financial devices.
Because of this increased income from subsidies, the "market price" that farmers sell at is lower, since their profits from sale need not outpace their expenditure in production. That is good for us, the consumer. Everybody in the country wins.
The only losers in this equation are unsubsidized farmers, who do have to behave fully according to market principles, but there are effectively none in the United States. Where they exist is in other countries to whom we sell, or in which we sell, which are too poor to be able to afford to subsidize their own farmers in order to level the playing field. The unsubsidized farmers cannot compete in the market and lose money, and eventually their farms.
So, subsidized food should only be sold in a country with subsidizes farms. If we restricted their sale to our own country, then the feedback from government investment would be complete. If we restricted sale to other subsidized countries (like much of Europe) then there would at least be fairness in competition, and still no one gets hurt.