Competitive Farmers Want All Farmers to Compete
The nation’s byzantine farm subsidy program, administered by the Department of Agriculture, is neatly summed up in a story by Carolyn Lochhead in the San Francisco Chronicle. She quotes California cotton farmer Philip Bowles:
The government has decided in their wisdom to encourage production of crops the market doesn’t want . . . [i]t must make political sense because it certainly doesn’t make economic sense. (more…)
