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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (108615)4/30/2000 11:26:00 PM
From: TimF  Read Replies (2) of 1577188
 
RE:
Well there are lots of poor hungry folks including kids who would be hurt in a doubling of food prices.

Why don't we just shoot and kill off all the poor americans and eliminate subsidies.

Historically must subsidies have INCREASED food prices.
Eliminateing subsides, in particular price supports, would lower food prices. A free market, results in more freedom, more economic efficancy, more overall wealth, AND is often better for the poor as well. If we are going to do anything
to help the poor, then it should be done in the least economicly distorting way. Private charity, or public aid like food stamps is better then manipulating the whole market to bring down prices, and remember most government intervention in agriculture increases prices.

Tim
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