Tuesday, February 2, 2010

Farm Subsidies

E-mail to Congress:

EIN News says, "Obama Wants to End Wealthy Farmers' Crop Subsidies. President Barack Obama asked Congress on Monday to slash crop subsidies to "wealthy farmers" and to pare federal support for crop insurance, moves estimated to save $10 billion over 10 years. Obama targeted those areas for large cuts last year without success. Another fight is likely this year. Agriculture Secretary Tom Vilsack offered to work with Congress to concoct a palatable package. (reuters.com)".

The only reason to have a farm subsidy is to encourage production of food to feed the population. Since we already have sufficient food, it may be a good idea to cut subsidies. But why pick on wealthy farmers? Do we want to penalize the efficient producer? With this kind of thinking, the next step is to say we should remove wealthy farmers from the food production program altogether. Let's divide all of the agricultural land into smaller parcels for small (non-wealthy) farmers. It has been done in Kenya. Kenya used to be the bread basket of Africa. With the new government program of all small farmers, Kenyans are now starving to death.

Reward the efficient producers. Encourage them to greater efforts. Let them use their capital for the benefit of mankind. Don't confiscate capital by taxation means and drive them out of business. We don't want another Kenya in either agriculture or any other economic aspect of society.

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