Comments Posted By Rob F
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TIME TO PHASE OUT FARM SUBSIDIES

I agree that it would be better to eliminate the agricultural subsidies. They distort the market, discourage change, and protect inefficiency. Indeed, in economic terms, it may well be better for some agricultural businesses to be allowed to fold. Also, these subsidies also hinder the development of poorer countries that depend on agriculture.

However, abolishing the subsidies doesn't have a snowball's chance in hell of happening, no matter how good doing so may be in the long run.

Comment Posted By Rob F On 7.07.2009 @ 10:18

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