Farm Subsidy Cuts

Posted: 28 April 2009 – 9:09 pm

Obama in Iowa CornProposed by President Obama in the not so far off past, cuts to farm subsidy programs, particular the Direct Payment program that seems to largely ignore market conditions would have cut payouts as proposed by the White-house by 9.7 billion dollars over the next ten years. Anyone that has read my stuff over on mephistos.com knows that despite having been a farmer and really being in tune with the rural lifestyle, I am very against the notion of farm subsidies of any kind and strongly felt that this cut effecting only farms with revenues over $500,000 seemed like a step in the right direction.

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