If everyone grew low maintenance high yield crops we would have a large supply for the demand and I would bet price would go down and not as much money to be made on them. Other crops that are low yield high maintenance would be more scarce and price should go up allowing the farmer to make some bucks.
But that's my point....we (and Iowa and Nebraska) have senators and representatives that have been representing us for DECADES and voting FOR farm subsidies...yet folks in all 3 states ***** about "wasteful spending". To THEM, that spending isn't wasteful. To someone in NYC, it is. We'll never get anywhere with spending, lobbyists or not, unless WE are willing to say "quit spending money on US". And IMHO - that'll never happen.
I just don't think the market correction formula is a good idea for crops.
I guess we just disagree. I am not a big fan of government choosing what gets grown. I am also not a fan of corporate welfare. Artificially propping up an industry or product could lead to fraud and abuse. Competition in the marketplace i believe leads to innovation and better products. Why find a better more efficient way to grow crops or make something when the government is guarenteeing you always win.
I don't know what everyone is worried about:
"People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government," Trump told CNN's Chris Cuomo on "New Day." "First of all, you never have to default because you print the money, I hate to tell you, OK?"
We'll just print more money...
