Wednesday, November 09, 2005

Farm Subsidies

Here's another result of our interventionist government at work: farmers expect to produce the second largest corn harvest in history, which will drive corn prices down, and thereby cause this season to cost taxpayers a record dollar amount ($22.9 billion) in farm subsidies! So we pay when the harvest is poor, and we pay when it is great. When will we finally realize that subsidies never work? (Full story here.)

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