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Marc F. Bellemare Posts

More on the Political Economy of Agricultural Subsidies

From an article in the Wall Street Journal:

“The Department of Agriculture no longer serves as a lifeline to millions of struggling homestead farmers. Instead, it is a vast, self-perpetuating postmodern bureaucracy with an amorphous budget of some $130 billion — a sum far greater than the nation’s net farm income this year.

This year [the USDA] will give a record $20 billion in various crop ‘supports’ to the nation’s wealthiest farmers — with the richest 10 percent receiving over 70 percent of all the redistributive payouts. Free-market conservatives don’t dare touch the Department of Agriculture, given the senatorial clout of Midwest farm states. Don’t expect left-wing Democrats to object either. In a brilliantly conceived devil’s bargain, the Department of Agriculture gives welfare to the wealthy on the one hand, while on the other sending more than $70 billion to the lower income brackets in food stamps.”

Here is more from the same author.

Hemingway in Photographs

Those who know me well know that Ernest Hemingway is perhaps my favorite author. Exhibit A: Although it took me a few tries before I could get through it, For Whom the Bell Tolls is now one of my favorite books, as are A Moveable Feast and The Sun Also Rises. I really like the way Hemingway wrote, as well as the themes he touches upon in his writing.

Exhibit B: Consider this picture of my home office: