Turns out that cronyism hits more than just your pocketbook. There’s a good chance it’s hitting your waistline too.
That’s the takeaway from this editorial by Charles Lane. You see, cheese is one of the highest fat foods we eat, and our country overproduces cheese because of government created market distortions.
Last week, PowerBlogger Andrew Knot and I wrote posts about American sugar policy and farm subsidies, respectively. Now, the United States Conference of Catholic Bishops, as well as the Catholic Relief Services and National Catholic Rural Life Conference, have come out with a joint letter on the 2012 farm bill that just passed the Senate. Among other things, they urge Congress to reduce agricultural subsidies, and limiting crop insurance to small and medium sized farms.
Read more on USCCB Calls for Reductions in Agriculutral Subsidies…
This morning I found that a commenter on my post about government failure in feeding the poor in India had complained that we should not trust “corporations who own the government.” I think this is a point worth further consideration. After all, I would argue that in the United States we have lousy agricultural policy. We essentially still have policies from the Great-Depression era aimed at manipulating prices, and business interests predictably engaging in a form of regulatory capture.
Jordan Ballor and Ray Nothstine wrote a good piece in Acton Commentary on the issue of agricultural policy here. I particularly like their discussion on Abraham Kuyper:
What the Dutch theologian and statesman Abraham Kuyper said of the manual laborers of the nineteenth century is equally true of agricultural workers in the twenty-first. “Unless you wish to undermine the position of the laboring class and destroy its natural resilience,” he warned, “the material assistance of the state should be confined to an absolute minimum. The continuing welfare of people and nation, including labor, lies only in powerful individual initiative.”
When you look at the numbers, the simple fact is that most of the farm subsidies are given to large farms, not the small farmer whose image is used by those lobbying for welfare. I highly recommend Veronique de Rugy’s Washington Examiner op-ed on this issue. She points out that the median farming household earns a wage 25 percent higher than the median American household. Are these the people who need welfare? Read more on American Agricultural Policy: Welfare for the Wealthy?…
