Why Trump's vow to lower grocery costs will backfire, economists warn
Why Trump's vow to lower grocery costs will backfire, economists warn
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There's a lot of shady shit with farm subsidies...
https://www.politico.com/news/2023/05/01/farm-bill-funds-lawmakers-00093821
And if Trump did actually do anything, it would be massive subsidies to the big farms and limiting import to drive up the price.
If we're lucky we'd end up paying the same price but shit would always be running out, this k England immediately after Brexit.
But the wealthy would make a shit ton more money.
That article mostly focuses on a member of Congress also being the owner of a farm. There was an important point made as well - farms can't be paused or put on hold as easily as other types of businesses,
“It’s one thing to turn off your professional business, another to be able to turn it back on,” he said. “But once you give up your farm, it might never be possible to restart.”
It's an understandable concern, but not the biggest one. Better savings and efficiencies may be available by targeting the major agribusinesses first. (One member of congress admitted to owning a $1 million farm, compared to the $165 billion industry overall.)
Rural conservative farmers are the biggest welfare queens you can dream of, but they always moan about the liberals and "coloreds" taking all the money with their laziness.
I never understood why those folks thought corporate welfare was the only acceptable form of welfare.