Farm Subsidies: Needed or waste to companies?

#2
#2
greenacres1.jpg
 
#3
#3
Just browsed the article, and I am nowhere near being an expert on the subject. I think that reform is certainly in order. The methods used for subsidy seem outdated.

I also personally know some very wealthy farmers who benefit. However, most of their wealth and net worth has much more to do with real estate than it does with profits from farming. Farms in and around growing communities are gold mines for developers.

One must also consider that the industry is a risk rewards business due to mother nature. In short, reform is necessary to a point, but I would have no idea where to start.
 
#4
#4
Our genius US senator here in GA has been the leading 'reformer' on the Farm Bills in all incarnations. It's corporate welfare. If I had a large sum of money, I could buy up some major farmland and go this route on making millions at the taxpayers expense.
 
#5
#5
CSpindizzy said:
Our genius US senator here in GA has been the leading 'reformer' on the Farm Bills in all incarnations. It's corporate welfare. If I had a large sum of money, I could buy up some major farmland and go this route on making millions at the taxpayers expense.
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As with all welfare systems, waste rules, and common sense is absent.
 
#6
#6
When you see Billionaire Ted making money off the taxpayers you have to say something's wrong.
 
#7
#7
CSpindizzy said:
When you see Billionaire Ted making money off the taxpayers you have to say something's wrong.
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No question about it. If we could solve our pork problems we would all be in better shape financially. What comes first tax reform or cutting of pork? One could easily lead to the other.
 
#8
#8
Like most things, there are probably good reasons for subsidies in special cases but once the crack starts it spreads.

Interesting that Iowa plays such a role in the presidential election...
 
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