Department
Of Economics
Wofford
HeaderImage

Farm Subsidies As Welfare

Posted on August 23, 2013 by terrelltd

Farmer poor-mouthing to get subsidies, vs. reality: “Farm subsidies redistribute wealth from taxpayers to often well-off farm businesses and landowners. Farm income stabilization payments have recently fluctuated between about $13 billion and $33 billion annually. This is a welfare hand-out like food stamps, yet it goes to higher-income households. In 2010, the average income of farm households was $84,400, or 25 percent above the $67,530 average of all U.S. households. Moreover, the great bulk of farm subsidies go to the largest farms.” From Chris Edwards and Tad DeHaven, “Corporate Welfare Spending vs. the Entrepreneurial Economy,” on cato.org.

Also see this, from the South Carolina Policy Council.

Posted in Uncategorized | Comments Off on Farm Subsidies As Welfare |

Comments are closed.