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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (183550)2/24/2004 6:56:36 PM
From: TimF  Read Replies (2) of 1574211
 
What the hell is wrong with farm subsidies?

1 - They cost billions of dollars. I haven't checked out the cost in the most recent budget but I know in the past they have been over $20bil a year, and that is just the actual government spending it doesn't include the indirect costs.

2 - Many of them are structured to increase food prices which hurts consumers esp. the poor.

3 - Like all subsidies they create a situation where resources are less efficiently used.

4 - Third world countries are impoverished by food trade barriers and subsidies.

Tim
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