Food Prices Up. Farm Bill… Also Up?
Congress to self: "Hmmm… food prices are way up. People are freaking out about it. What's the best approach here? Think, Congress. Think!"
"Ah ha! $300 billion in price support and other farm subsidies!"
<Congress pats self on back>
***
Oh well, I guess we should be grateful for the little things:
The proposed bill would ratchet down payments to wealthy individuals not directly involved in farming, perhaps setting a cap that would cut off benefits for those earning above $500,000 in nonfarm income.
More farm fun here.
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