Friday, October 5, 2012

Topic 7: Government Farm Subsidies

Farm subsidies are money given to farmers to stop them from farming. The point of view of the video has a more negative view of the subsidies because it uses many evidence and people who are against the subsidies. I do agree with the video because farm subsidies don't really solve the problem they intended to solve. First of all, farm subsidies usually go to the very wealthy farmers and it doesn't help small farms by making it harder for them to compete. Although farmers get paid for not farming, agricultural prices continues to rise. Loopholes in the farm bill allow non-farmers to collect farm subsidies for their residential properties. The bill is not exactly fair for all farmers and is not necessarily beneficial to the economy. Supply is supposed to decrease from the subsidies because the farmers are paid for not farming. Farm subsidies are intended to be consumer-friendly and taxpayer-friendly. Instead, they cost Americans billions each year in higher taxes and higher food costs. I think colleges should still have support from the government because many people need financial aid to attend college. People who don't have school-aged children should not have to pay taxes to support schools. 

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