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Agriculture: Downsizing The Federal Government

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Uploaded by on Dec 19, 2008

Agriculture is easily the most distorted sector, with high tariffs and, in developed countries at least, large amounts of government subsidies through price supports and direct payments. On the other hand, developing countries, who have a comparative advantage in these products, cannot afford to subsidize their agriculture sector and face prohibitive tariffs for their products abroad. The powerful agriculture lobby groups, particularly in the large developed countries, make reform politically difficult. Chris Edwards, Sallie James and Dan Ikenson discuss the inequities of American farm policies.

This video was produced by Caleb Brown ( http://www.twitter.com/cobrown ) and Austin Bragg ( http://www.twitter.com/habragg ).

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  • CATO RULES!!!

  • Good stuff. Unfortunately, democrats (and some republicans) are addicted to big government.

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  • This entire video is a bunch of bull shit. It's uninformed citizens like you that ruin this government. Fine, farmers will stop growing food. See how long you survive without the food American farmers produce.

  • ♥ #Liberty ☼ #Libertad ♫ #Freiheit ☺

  • But isn't sugar from Haiti and Dominican Rep. worked by slave labor?

  • ♥ ♥ ♥ ♥ ♥ Sallie James ♥ ♥ ♥ ♥ ♥

  • de -population programme , no food can't live farmers cant organically farm due to lack skills.

  • @TheZeolson Care to be specific? In any case, you miss the point because import tariffs prevent lower cost food items from entering the US in the first place. Have you ever wondered why American Coca Cola is sweetened with corn syrup and not sugar like in other countries? Foreign sugar has a tariff and corn is domestically subsidized. Therefore a market distortion is introduced counter to what consumers may choose for themselves.

  • CATO doesn't tell me how or what to think. I do my own research and Sallie James is just plain wrong. However, if you don't like your food choices here, please feel free to ship all your food in from another country--it's certainly a viable option with the global economy we have now.

  • Sallie James is wifey material. lawl

  • Agriculture subsidy's represent 40B$ a year out of the Federal Budget that comes out of General Revenue. They need to be either reformed and paid for or eliminated.

  • exactly no the subsities going to huge arga buisness the small farmer is pretty much extinct

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