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Honored Advisor
Posts: 6,990
Registered: ‎07-18-2011
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Re: A New Ridiculous Proposal

How could they be astronomical?
Probably still less than food stamps which isn't a number we complain about.
Gov. cannot resist controlling and fixing.

We are marching on to 30 trillion. -- pay us to produce it or pay us to buy it. Either way this is not a healthy economy to operate a business in. Too much government interference drives up costs, drives down income and tax revenue for both the buyer and the seller, and makes investors crave dirt to bury cash in.
Veteran Advisor
Posts: 947
Registered: ‎05-20-2010
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Re: A New Ridiculous Proposal

Because ultimately, such a high target would bury us in corn, destroy our trade agreement obligations, and probably happen right at the same time that the gov has trouble just printing more currency to cover its shortfall. On the way to 30 Tril...maybe...or maybe the gaskets blow first. It would end very badly, thus the cost to both farmers and society would be astronomical. 

 

We could debate if it is fair to include such things in the analysis I suppose. Bringing food stamps into the discussion is completely irrelevant. Take them away and see just how minor an event Ferguson Mo was. Cost of maintaining an orderly society. The rich are doing quite well, pretty hard to argue with feeding the poor it seems to me. 

 

And, btw, land owners are doing extremely well by any historical analysis. Land goes up by 100% and its rents go up 100% over the last decade or so. Land bought before 2007 (which is over 80% of land base roughly) gets a double double. Pretty hard to argue that the real cost to grow corn is 4.40. jmo

Honored Advisor
Posts: 6,990
Registered: ‎07-18-2011
0

Re: A New Ridiculous Proposal

we will see. Lots of land changing hands.
Senior Contributor
Posts: 696
Registered: ‎01-03-2015
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Re: A New Ridiculous Proposal

There should be no govt subsidies in farm ag , save one ,the ethanol mandate