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| Interesting assessment of the "K" economy hitting farms as well as the general population. I can see that is the reality of the farm "bailout" payments as those that are doing good don't need the money , and it is factored into future land flows and prices, driving the cost of land up, while those that do need the money use it to buy fertilizer, seed, etc and try to stay in business.
It reminds me of what a friend said about helping out his kids, as he was generous to one but not the others. When a kid needs a pair of shoes, you should buy a pair for the one that needs them, not for all of them.
I come from a background where it was considered shameful to take public money and my grandfather and father refused to participate in the federal farm programs. My late father, during the last few years of his life told me that farming had changed, he could see that, and if I wanted to stay in business I needed to understand the new flow of money and to partake. I have, but it's not something I feel good about or consider as a source of pride.
Some of the worst examples of local humans are the ones that get large subsidies and then complain about some "mexicans" getting all the money from the local county welfare offices. Usually this is done at the local watering hole where they drive up in a government subsidized $80,000 pickup truck. You know the type.
I agree with the idea that those that need the shoes should be the ones that get the shoes. Deciding what is fair is the hard part and you almost need some sort of shaming process to keep people honest. Assuming that people still have a sense of shame, which is doubtful. | |
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Trump says announcement coming tomorrow to help farmers
