Farming subsidies were originally implement in the 1930s by President Roosevelt to alleviate some of the detrimental effects of the Great Depression on the farming industry. The temporary nature of this fix dissolved as the subsidies continued to be paid out by the government, becoming an integral part of modern political platforms.
Many argue today that subsidies ensure the strength of the domestic farm sector as a matter of national security. Relying upon imports to feed the American population is risky, with regards to the current instability of the global political arena, economy, and trade market. Proponents of farm subsidies also argue that supporting farming income helps to keep food prices affordable and stable. Obviously, farmers who benefit from the subsidies are among the proponents, as are poltiical statesmen who weigh the risks of relying on imported food sources above the value of free market trade.
Supporters of farm subsidies are a relatively small but powerful group. In 2009, the top 10% of subsidy recipients received 61% of the payments. While the politicians who represent the most powerful of these farmers claim that they support subsidies to protect American farmers, the fact is that the vast majority of farmers do not benefit from farm subsidies. Since most of the money goes to large factory farms who have a large market share, these few farms are able to have a great deal of political influence as well. To better understand the many nuances of farm subsidies, see the link below.
Click here to cancel reply.
Sorry,At this time user registration is disabled. We will open registration soon!
Don't have an account? Click Here to Signup
© Copyright GreenAnswers.com LLC