farm-subsidies

Farm Bill Full of Corporate Welfare, Including Some for ‘Farmers’ Who Don’t Even Farm

avatar

Here are just two excerpts from a recent informative article by Christopher C. Douglas, Ph.D., posted at the Mackinac Center website:

While it may have once helped protect the livelihoods of some small farmers in the face of natural disasters, the current crop insurance subsidy program is primarily a handout to large insurance companies and agri-businesses. Just four crops — soybeans, wheat, corn and cotton — received 90 percent of crop insurance payouts in 2012. Further, the 18 insurance companies authorized by the U.S. Department of Agriculture to sell crop insurance are able to capture a sizable share of these subsidies for themselves, reaping about 20 percent of the subsidies, or $10 billion in profits over the past decade.

A lot of the support for the Farm Bill seems to come from an interest in the idea of “saving the family farm,” a concept often romanticized by politicians and popular culture. Yet, the traditional “mom and pop” farm receives little of the farm subsidies. The bottom 80 percent of farmers receive, on average, $5,000 per year. In contrast, 10,000 large firms receive farm subsidies of $100,000 or more. The fact is that the agriculture business is dominated by large firms: About 73 percent of all farm income comes from the biggest 5.3 percent of farms. This is not necessarily a bad thing per se, but the public should know that the Farm Bill is primarily supporting large firms at taxpayer expense.

Read more: Mackinac Center

BarbWire Books is pleased to announce

Hating Jesus: The American Left's War on Christianity

Matt Barber with Paul Hair

The secular left doesn’t merely have a disagreement with Christianity. These are not people with whom one may reason, compromise or even disagree. They are dedicated to evil. They demand nothing less than the abolition of the biblical worldview, and the destruction of Christ’s followers right along with it.

Now is the time to fight back. If you are someone, Christian or not, who refuses to see Christianity wiped out (like it ever could be) and your children indoctrinated into pure evil, then sitting on the sidelines is no longer an option.

BUY BOOKBUY DIGITAL


Posting Policy

We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read More

STAY IN THE LOOP
Don't miss a thing. Sign up for our email newsletter to become a BarbWire insider.

Send this to friend