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kelnosyesterday at 9:23 PM3 repliesview on HN

> The comments talking about farmers not being organized enough or powerful enough must be unaware of how powerful the farm lobby is and how much money they're able to secure from the government every year.

Most people don't realize how powerful farmers are in the US. We (rightly!) complain about Wall Street and bank bailouts when they happen, but I'd wager that we've given significantly more money to farmers over time, through bailouts (like this one) and regular subsidies.

Maybe that's a good use of tax dollars, maybe not. It feels bad, but I'm not an economist.

(And before anyone says that farmers are much more sympathetic characters than bankers, remember that "farmers" in the US overwhelmingly means gigantic corporate farming conglomerates; the individual family with a few hundreds or thousands of acres of land and hearts of gold is sadly increasingly uncommon.)


Replies

hattmalltoday at 3:17 AM

Farmers provide food, banks scalp the interest between you and the government. They aren't the same at all. Farmers, even if they are megacorps are indispensable. Banks on the other hand serve basically no function in the modern era of financial activity.

DarmokJalad1701yesterday at 10:30 PM

I would much rather there be a surplus of food production (driven by subsidies or whatever) even if it causes inefficiencies given that the alternative is significantly worse.

ssl-3yesterday at 10:07 PM

Farmers switching from peaches to elsewise due to a lack of buyers represents a bailout?

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