Farm subsidies are a solution in search of a problem | reTHINK TANK

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  • čas přidán 23. 08. 2024

Komentáře • 67

  • @scasey1960
    @scasey1960 Před 4 lety +38

    Why should tax payers underwrite the risks of farming for major corporations? Private profits & socialized loses. Who struck this deal??

    • @marklevan6546
      @marklevan6546 Před 3 lety +10

      The deal was made for depression era small farms. Now, the largest participants are the largest farms. The rich get richer on the taxpayers back. Our neighbor has gotten 1.5 million in subsidies. Corporate welfare

    • @marklevan6546
      @marklevan6546 Před 3 lety +3

      Not only that. You’re paying for food twice.,Once in a redistribution manner through taxation, then in the stores.

    • @davidsonlankford1168
      @davidsonlankford1168 Před 2 lety +1

      So that everyday Leroy’s like you can work a 9-5 job without any risk or worry in the world. Farm subsidies keep farmers in business.

    • @marklevan6546
      @marklevan6546 Před 2 lety +6

      @@davidsonlankford1168 Lame excuse for ripping off the public. Subsidies are corporate welfare, no other argument is valid. There are many essentials in this world, how about clothing manufacturers, should they all get a break when things don’t go well. People howled about bank bailouts. As was right. Equal protection under the Law means equal. Every business ought to be bailed or helped then. Nobody rescued my family business back in the eighties.

    • @davidsonlankford1168
      @davidsonlankford1168 Před 2 lety

      @@marklevan6546 food is essential to a growing nation and national security. Farming is not a business you can jump into . It’s a small percentage of population growing food for the rest. If there is no safety net for farmers this country is in serious trouble. BTY big corporations are not getting farm subsidies.

  • @drumpfzuckerberg7491
    @drumpfzuckerberg7491 Před 4 lety +15

    No welfare for farmers

    • @claudeyaz
      @claudeyaz Před 2 lety

      For normal farmers...sure...because it isn't good for two years of flood, and a year of drought..to bankrupt them.BUT they have all been bought out anyways.. so these subsidies arnt helping farmers..but is being used by corporations.
      Also..look at water shortages.. the WATER SUBSIDIES... It allows those corporations that use insane amounts of water.. for 15 bucks paid for 400 bucks worth of water.
      California growing water heavy crops when they dont have the water supply for it! But the fraction of pennies on the dollar allow it.
      So messed up.
      Look at water used for almond farms

  • @JF2it
    @JF2it Před rokem +3

    Farmers are hilarious, always complaining about weather, water, how poor they are. Their so close to not making it their houses and out buildings always seem big and new. It's so tuff being a farmer they have to drive around in those old 2022-23 vehicles with the worn out leather seats. I don't know how they survive I almost feel bad for them.

  • @s50201
    @s50201 Před 5 lety +7

    I don't know much about the state of modern farming, but how are the prospects/potential for further automation?

  • @dionbrandt6176
    @dionbrandt6176 Před 2 lety +2

    Why doesn’t the government keep its nose out of world market? When the government doesn’t the subsidies could end.

  • @anindividual3889
    @anindividual3889 Před 7 měsíci +1

    I'm a farmer and I agree entirely. Farm subsidies need to be downsized at the very least. All these subsidies do is make the rich richer. They also drive up the cost of equipment.

  • @ytams1
    @ytams1 Před 5 lety +10

    On March 29, 2019 (this year) Britain is leaving the European Union. This means that subsidies paid through the Common Agricultural Policy stop. Farm subsidies are unpopular with British tax payers. This is a good opportunity to rethink the financial basis of the UK's farming sector.

    • @DeaconParsons
      @DeaconParsons Před 5 lety

      How much food have you ever produced? czcams.com/video/LVWBc30FEsk/video.html

  • @davidsonlankford1168
    @davidsonlankford1168 Před 3 lety +5

    I think farm subsidies are good. I like to eat and I like cheap prices. Farm subsides = oversupply = fat and happy people = Riot Comtrol

    • @marklevan6546
      @marklevan6546 Před 2 lety +3

      You’re paying for your food twice. Once in taxes, twice at the market. You don’t notice the scam because it’s a form of redistribution.

    • @marklevan6546
      @marklevan6546 Před 2 lety

      You’re paying twice for food. You’re not thinking it through.

    • @davidsonlankford1168
      @davidsonlankford1168 Před 2 lety +1

      @@marklevan6546 are we not paying for gasoline twice with fuel tax added to the price of a gallon of gas? Are we not paying 10x the price of healthcare because government mandates? I’d don’t mind paying a few pennies for food if it keeps farmers afloat. I’d like to eat early and often.

    • @bazzaharrington3298
      @bazzaharrington3298 Před 2 lety

      Just proves the point that the poor American education system churns out idiots that can't understand basic concepts or use critical thought procedure to understand basic logic

  • @FireweedFarm
    @FireweedFarm Před 2 lety +2

    The charts only go back to 1960, at best, so they don't show how low farm prices and net incomes have fallen some the 1940s. It's false to claim that farmers saw near record farm prices in recent years. Yearly averages were not even half of record highs. Meanwhile we had year after year of near record lows. The 1960-2018 average is very low, as Congress reduced farm price floors dramatically from the 1950s, (so already low in 1960,) to 1995, then they ended it, (like ending minimum wage). They then call this chronic crisis "normal economic conditions." Subsidy programs have always been inadequate for making up for the chronic crisis, and have gotten much worse, with no subsidies for most farmers for crops like corn and soybeans for 2017 and 2018, even though prices had fallen a lot, (ARC program). The big forgotten risk is the failure of free markets for agriculture on both supply and demand sides, leading to below full cost prices most of the time for the major (subsidized) crops since at least 1981. Cheap prices forced farmers to subsidize the loss of their livestock diversity to CAFOs, (also including loss of grass, hay, oats and barley,) paid by farmers, not taxpayers, and all food is subsidized (below full costs and below fair prices above full costs,) in similar ways. Not mentioned is that returns on assets and debt has long been very low, lower than most other business categories, such as the agribusinesses selling to or buying from farmers, (who have together increased greatly in shares of the food dollar vs farmers decreasing greatly). In the early 60s the off farm income of farmers was close to 50%, but it's risen to 80% and even 90% (and 95% on especially bad farming years). The problem is tax loss farming, where the rich have a huge advantage, in writing off large incomes against chronic farm losses. the big problem is not volatility, (fluctuations,) but rather chronic low incomes, though fluctuations are increasing. The median farm portion of farm household incomes has been below zero most of the time since the 90s. Farms don't generally fall into poverty, because those who go broke are removed from the data set, are no longer farmers.

    • @electricman69
      @electricman69 Před rokem

      If you can't do something with bitching about it go do something else I don't have a government safety net I don't need one I can make it on my own I would be ashamed to need a baby from cradle to grave.

  • @corn2545
    @corn2545 Před 4 lety +12

    good, another video made by people that push pens and paper. Not real farmers. I agree that subsidies may not be the answer but what is the answer when corn sells for $3 a bushel and soybeans under $9 a bushel. Small family farms cannot survive in this atmosphere. Maybe farmers should quit and everyone should be responsible for growing their own food.

    • @elicrowleyycontreras1135
      @elicrowleyycontreras1135 Před 3 lety +9

      96% of subsidies go to Large Agriculture Corporations, which incentivise consumers to buy more products from Large Corporate Farms rather than Family Farms, due to the costs they are able to curb through said subsidies.

    • @Antiyoukai
      @Antiyoukai Před 3 lety +1

      @@elicrowleyycontreras1135 Yeah, not to mention there really is no positive externality for agriculture.

    • @Nuvendil
      @Nuvendil Před 3 lety +2

      Some farmers may well should quit and seek employment in cities. But those farms in that state are not the ones receiving the subsidies. Subsidies go overwhelmingly to the mass producers of staple crops, the largest being corn and wheat. Sugar is another big recipient of subsidies and protectionism.
      The solution to price changes and market shifts is to diversify what you plant, get inventive with how you use and sell those crops. Become more efficient and lest wasteful. Basically, all the stuff New Zealand does. New Zealand cut its farm subsidies cold turkey in 1984. Less than 1% of the farms went out of business and their agriculture industry is thriving more than ever. And farm subsidies were much greater proportionally in New Zealand than in the US, accounting for 40% of farm incomes.
      The idea free markets in agriculture can't work and would destroy farmers is a myth pushed by a very well financed agriculture lobby funded by the big farms that receive the subsidies. This is true in every single nation with subsidies.

  • @ricardohernandezvega8588
    @ricardohernandezvega8588 Před 5 lety +2

    Thank you for these wonderful videos

  • @shawna3198
    @shawna3198 Před rokem +2

    You also need to keep in mind that while farmers have a bigger paycheck they put so much of that back into their farm that what's is left for their personal living expenses is sometimes very low

    • @electricman69
      @electricman69 Před rokem +2

      Not so low they can't by ninety thousand dollar pick ups every year five hundred thousand dollar combines tractors that's not farming that's grain growers farming is a year round job not a few months remember there's are alot of us grew up on farms we're not stupid.

  • @Serahpin
    @Serahpin Před 5 lety +16

    Instead of shifting subsidies from one industry to another, like you suggest, why not just let the tax payer keep their money?

    • @DeaconParsons
      @DeaconParsons Před 5 lety +2

      How much food have you ever produced? czcams.com/video/LVWBc30FEsk/video.html

    • @mariolis
      @mariolis Před 4 lety +6

      @@DeaconParsons irrelevant , society doesnt work like the 18th century , no matter what your job is , it does not make you entitled to taxpayer money , producing food does not make you superior

    • @DeaconParsons
      @DeaconParsons Před 4 lety +1

      @@mariolis Nobody said farmers are entitled to subsidies, but it is in your best interest. And having actually produced food does make one's knowledge and experience about what it takes to produce food superior to the clabber-for-brains most city folks us to make decisions. The cost of running out of smart phones is much smaller than the cost of running out of wheat. I am guessing you didn't actually view the video.

  • @topofhelist6592
    @topofhelist6592 Před 2 lety +1

    Put your hands down if ur never worked on a farm. And didn’t graph mom and pop farms and there large tractor payments . Now go and get the dunce hat. Now go to a co op and look at the price of feed for cattle or pigs the. Go to a farm auction and see what they sell for. You guys are so far off.

  • @user-ke7vd2sc6s
    @user-ke7vd2sc6s Před rokem

    Also just, subsidiys make them less competitive

  • @lukecartwright5210
    @lukecartwright5210 Před 3 lety +3

    Farming nicer word for lifelong welfare recipients

  • @cour2knee
    @cour2knee Před 2 lety +3

    This man has never set foot on a farm.

    • @electricman69
      @electricman69 Před rokem +1

      I was raised on a farm in the 50s we worked year round grain cattle hogs chickens and turkeys what they call farmers aren't farmers they are grain growers that drive $500000.00 tractors for two wks. In the spring and $500000.00 combines for two months in the fall the rest of the year the drive around in $100000.00 pickups telling lies about how they can't make any money just because we don't live on a farm doesn't mean we are stupid or blind.😮😮😮

    • @cour2knee
      @cour2knee Před rokem

      @@electricman69 not understanding accounting doesn’t mean people aren’t farmers

  • @tyee.5023
    @tyee.5023 Před rokem

    I think this video has vastly over simplified some statistics to push their beliefs. They say nothing about the labor intensive work, chemical exposure and related health problems, debt and credit problems, need for expensive equipment, aging out, land grabs, losing their family farms to creditora and the stress that goes along with all of that. Oversimplified by old accented men sitting comfortably in an air conditioned room all day not lifting more than a pencil. This is what's wrong with regulations- they are pushed by people in offices rather than advocated by the people directly related to them. I don't think subsidies should be the main source of how farmers make it, but the excuses to gas light the industry here are a flat put slap in the face to thw people who feed you.

  • @authorauthority7193
    @authorauthority7193 Před 3 lety

    While true this is generally true for farm capitalists and the financial aristocracy as a whole none of this will be directed to American workers nor their taxes reduced, rather here is one section of the financial aristocracy seeking its interests against the rest. At no time is this more true than today where not a single major business would survive without trillions in government free money bringing American workers closer to the level of our Mexican neighbors. Capitalism hurts!

    • @mrniusi11
      @mrniusi11 Před rokem

      Subsidizing is socialism, moron.