Don’t Tax the Rich…

before you at least stop subsidizing them. Lawmakers are currently planning to cut farm subsidies, and then “in the same breath”, are arguing to send those savings right back to the farmers.

American farm subsidies are a shame and a disgrace.  According to the Times report, Farm households earn substantially more than other Americans; large farmers, who get the most from subsidy programs, make more than $200,000 a year.

If senators can’t bring themselves to slash programs like these, and are dishonest enough to try to cover their tracks, there are a lot of incumbents in both parties who need to be sent home in disgrace.

These subsidies have been buying corruption, dependency and obesity since the New Deal. If our lawmakers had even minimal traces of principle and economic literacy such farm programs would have gone away long ago. Those programs are here to stay.

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Filed under Economics, Economy

One response to “Don’t Tax the Rich…

  1. Pingback: Thoughts on the Passing Scene

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