2013-06-03

Cato: Agriculture Is Doing So Well (ergo We Must Subsidize It)

Farmer-friendly members of Congress are such a target-rich environment for ridicule when it comes to poor agriculture policy that it would be a full-time job just blogging about their utterances. So I try to spare you, most of the time. (You’re welcome.) But occasionally a quote passes my desk that is so ridiculous that I just have to share.
Senator Debbie Stabenow, chairwoman of the Senate Agriculture Committee and a Democrat (not that that matters) from Michican, yesterday made a statement that contains a pretty obvious logical fallacy:
“American agriculture represents a bright spot in our economy,” Chairwoman Stabenow said. “Agricultural exports are reaching record highs and American farmers and ranchers are continuing to outpace the rest of the world in productivity and efficiency. Sixteen million American jobs are supported by American agriculture, so it’s critical we pass the Farm Bill this year. We must provide farmers and small businesses the certainty they need to continue growing and helping the country’s economy recover.” [emphasis mine]

Read more at http://www.cato.org/blog/agriculture-doing-so-well-ergo-we-must-subsidize-it

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