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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host
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To: Math Junkie who wrote (6459)8/5/1998 10:58:00 PM
From: Kirk ©  Read Replies (2) of 42834
 
OT***
Re: "Can you tell me again why agribusiness is more important than high tech and deserves government protection?"

Yes. If we have a famine, you can't eat chips. By protecting agribusiness, we make sure there is a surplus of food in good times, so we don't have to starve in bad times.

Ahhhh.... Richard, you must live in CA and own agricultural land as that is the same reason given for homeowners paying 10 to 100 times more for water in CA (then growers) so the large agribusiness companies can feed the country. The argument was valid in the time of Jefferson and Lincoln, but not today. We can afford to pay much more for food than we do now which would stimulate more production if it were left to market forces. We would NOT starve, just food would get more expensive. Do we really need a new 4x4 this year to drive the kids to school or should we keep the old one for another 5 years? All subsidies are silly and should be eliminated.

What we really get is low supermarket costs for food compared to Europe and Japan as we actually pay the difference through subsidies. It is a hidden cost of food. Hidden costs lead to unfairness.....

anyway, it was a nice break from bashing Ralph flip-flop Aye-can-make-ya-poorer and praising AJC and BB for their being right.

thanks!
Kirk out
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