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Yet crop insurance pads the pockets of banks, insurance companies, and wealthy farmers who plant in risky areas -- $90 billion over ten years. They cut food stamps but let the wealthy farm interests wallow in pork slop, of course!
So our politicians who are now suddenly getting serious about cutting the budget have decided to cut 35 billion/decade or 3.5 billion dollars per year on an ag budget that tops out at over 100 billion per year. That works out to a reduction of 3.5%. This should show everyone that passed 8th grade math that our leaders are not serious about reigning in spending. we are doomed
You have a point JD - lawmakers can't be serious about spending reductions until this country's ridiculously large military budget is on the chopping block. That said, today's farm subsidies are a joke. I say we start by removing the mandate to blend Ethanol in our fuels. Ethanol is a terrible fuel and a de facto farm subsidy. Ethanol creates artificial demand for corn and pushes food prices dramatically higher.
Do you think these comments I heard at coffee today are correct: “Don’t these farmers understand that when they accept federal money they lose their rights under the constitution and are under the rules stipulated by the federal government! We MUST support the House Republican Conservatives who want to reduce or eliminate subsidies and crop insurance to farmers! Farmers have to understand that simply can’t listen to “I am from the government and I am her to help”! Don’t farmers understand that if they take their help and money the farmers have to do what they are told to do! This is what got us into all this trouble now…people taking taxpayer funds! Subsidies to farmers works the same way as welfare to the poor…they ALL get dependant on the federal government…our tax money! Subsidies are a way of controlling farmers! It’s time these farmers acted like true Americans and stood up and took care of themselves!”
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