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Monday, May 2, 2011

Farm Subsidies Face Ax

“The Obama administration’s push to spread some of the pain to the wealthiest, most profitable farms, however, is also gaining momentum. The House budget calls for $30 billion in subsidy cuts over the next 10 years…. A study by the USDA’s Economic Research Service shows that farms that make the highest profits receive the highest levels of subsidies.” (Washington Post)

It’s a start.

FEE Timely Classic
“Just Say No to Farm Subsidies” by Lawrence W. Reed

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.