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Why do states keep subsidizing failing industries?
Posted on 5/12/21 at 2:16 pm
Posted on 5/12/21 at 2:16 pm
New report details state’s spending on Vermont dairy farms
Vermont funneled over a quarter billion into the dairy industry over the last decade because of the state’s “identity.”
Someone needs to tell crazy uncle bernie that the free market has spoken!
Vermont funneled over a quarter billion into the dairy industry over the last decade because of the state’s “identity.”
Someone needs to tell crazy uncle bernie that the free market has spoken!
11
Posted on 5/12/21 at 2:18 pm to Lucky Jim
What's replacing that dairy consumption? Other american dairy farms or chinese ones?
Posted on 5/12/21 at 2:18 pm to Lucky Jim
quote:
Someone needs to tell crazy uncle bernie that the free market has spoken!
The free market will cut its nose off for fun. See Walmart and their stores full of Chinese goods.
Posted on 5/12/21 at 2:19 pm to jlovel7
quote:
Other american dairy farms or chinese ones?
Probably Canada I would imagine.
Posted on 5/12/21 at 2:30 pm to Lucky Jim
It's like steroids in baseball (or another example, horse racing). If you don't do it, someone else will and you'll lose. So really the only way to level the playing field is to force the entire country/world so stop doing it.
Posted on 5/12/21 at 2:33 pm to Lucky Jim
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But it's probably not something that helps the farmers anyway. It's probably for CRT training for the cows.
But it's probably not something that helps the farmers anyway. It's probably for CRT training for the cows.
Posted on 5/12/21 at 2:34 pm to jlovel7
quote:
What's replacing that dairy consumption? Other american dairy farms or chinese ones?
What difference does that make to Vermont farmers?
Posted on 5/12/21 at 2:37 pm to Lucky Jim
quote:
New report details state’s spending on Vermont dairy farms
Vermont funneled over a quarter billion into the dairy industry over the last decade because of the state’s “identity.”
Someone needs to tell crazy uncle bernie that the free market has spoken!
Japan and Germany subsidize the hell out of their manufacturing with draconian tariffs and nationalistic policy.
The end result - good middle class manufacturing jobs, a shared sense of cultural identity and pride. So long as you are ecinomically diversified and have access to other large markets to supplement, why not subsidize important cultural industries?
Do you prefer Chinese Motors and Mexican Ford outsourcing 2 million of your neighbors' jobs the last 40 years?
Posted on 5/12/21 at 2:38 pm to Lucky Jim
quote:Usually because palms are being greased.
Why do states keep subsidizing failing industries?
Posted on 5/12/21 at 2:38 pm to Lucky Jim
Often you’ll see these things for failing ag industries that were hit hard by the govt or natural disasters.
For example, corn is higher than its been in a long time. Farmers are now planting corn where they would have planted soybeans to capitalize on it. This will mean less soybeans available. For a dairy farmer or cattle rancher they will see higher prices in feed.
Also take into consideration none of these people set the price on their product. Where a wheat farmer could burn his wheat stand if prices dictate that it would cost more to harvest it than its worth, a dairy farmer can’t, not milk his cows. That’s why during the covid shut down when Americans were buying much less dairy a lot of dairy farmers lost their arse.
For example, corn is higher than its been in a long time. Farmers are now planting corn where they would have planted soybeans to capitalize on it. This will mean less soybeans available. For a dairy farmer or cattle rancher they will see higher prices in feed.
Also take into consideration none of these people set the price on their product. Where a wheat farmer could burn his wheat stand if prices dictate that it would cost more to harvest it than its worth, a dairy farmer can’t, not milk his cows. That’s why during the covid shut down when Americans were buying much less dairy a lot of dairy farmers lost their arse.
Posted on 5/12/21 at 2:40 pm to Lucky Jim
Money laundering
Posted on 5/12/21 at 2:50 pm to Eli Goldfinger
A few years back I was reading an article about trade and the strange bedfellows it makes.
An example was California, liberal, freewheeling California. They were spending a boatload lobbying for the, thats FOR THE Iran embargo measures of Trump. Why on earth.
Did you know Cali is one of the largest producers of Pistachios for the US market, know who WAS the largest worldwide producer....Iran.
An example was California, liberal, freewheeling California. They were spending a boatload lobbying for the, thats FOR THE Iran embargo measures of Trump. Why on earth.
Did you know Cali is one of the largest producers of Pistachios for the US market, know who WAS the largest worldwide producer....Iran.
Posted on 5/12/21 at 2:50 pm to Indefatigable
quote:
Probably Canada I would imagine.
How can Canada possibly get us cheaper milk than american dairy farms?
Posted on 5/12/21 at 4:34 pm to jlovel7
quote:
How can Canada possibly get us cheaper milk than american dairy farms?
By having lower prices...
This post was edited on 5/12/21 at 4:35 pm
Posted on 5/12/21 at 5:33 pm to Lucky Jim
Funny you mention this because the Federal government kicked off the corporate welfare checks with the dairy industry paying out billions in the 1970’s to farmers so they shut down milk production permanently.
Instant millionaires! Lottery style with no taxes involved...
How do these fruit cake liberals think milk comes about ?
Cow = milk
Instant millionaires! Lottery style with no taxes involved...
How do these fruit cake liberals think milk comes about ?
Cow = milk
Posted on 5/12/21 at 5:49 pm to jlovel7
(no message)
This post was edited on 10/30/23 at 9:13 pm
Posted on 5/12/21 at 5:52 pm to Lucky Jim
quote:
Why do states keep subsidizing failing industries
Well there isn't much of a need to subsidize the ones that aren't failing
Posted on 5/12/21 at 5:52 pm to Warheel
Do they get that by milking bulls?
Posted on 5/12/21 at 5:55 pm to Lucky Jim
Honestly this doesn't seem like a huge deal. Their budget is just under 7 billion. A quarter of a billion spread out over a decade to subsidize an important ag industry isn't the worst thing in the world.
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