The Corner

The Indianapolis Star

The Indianapolis Star gets it right on the farm bill and our endlessly depressing agricultural policy.

The bill even managed to bestow more largess on the highly subsidized and highly protected U.S. sugar industry. Under the legislation, the government promises to purchase excess sugar from producers at 23 cents a pound. The sugar then will be resold to ethanol producers at 2 cents a pound. Who makes up the difference? You, dear taxpayer.

The administration wanted to cut off payments for farmers with adjusted gross incomes of more than $200,000 a year. The bill instead begins to cap subsidies for those earning more than $750,000 a year in farm income or more than $500,000 in non-farm income.

In addition to the sugar subsidy, the bill contains another protectionist element, one that hurts hungry people around the world. The Bush administration wanted to be able to use foreign aid money to buy food at locations near where it’s needed by starving people. That move would reduce transportation costs and allow foreign aid dollars to be stretched further. The bill instead continues a requirement that all food aid must be purchased from U.S. farms.

That last part is truly sickening. Even as we have made food prices sky-high by correlating the corn and petroleum markets with our biofuel subsidies, we continue to hold the poorest countries back from developing beyond subsistence agriculture by flooding their markets with free American grain (and we’re going to make taxpayers pay the inflated price of that grain, by the way). So they get to suffer from high prices without benefiting from them. At least we could be buying their grain, which would encourage them to produce more of it. Instead we do the opposite.

The added sugar-ethanol subsidy is equally absurd, since the taxpayer will now be paying not only to double the price of his own sugar, but also to make that sugar cheaper for someone who wants to convert it to ethanol. In both cases, our government creates one problem, then creates another, bigger problem in order to solve it, then creates a third problem, even bigger, to solve that one — et cetera, et cetera, ad infinitum. And two or more wrongs cannot make a right.

Our farm policy is an excellent example of what happens when the government gets involved in markets. What began as a humanitarian measure to help a few struggling farmers evolved gradually into a means of keeping unsustainable farming practices in existence, and that evolved into a welfare program for the well-to-do, promoting even more unsustainable practices. Today, decades later, we lack even the political will to abolish the most insane programs we have — such as the one that actually pays non-farmers who live on former farmland.

There is no better argument than the state of farming today for keeping government out of the economy to whatever extent is possible. Well-meaning liberal policies will take every aspect of our economy down this road if we let them.

Most Popular

A Few Cracks in the Progressive Wall

The contemporary progressive agenda — of, say, an Alexandria Ocasio-Cortez, Kamala Harris, Bernie Sanders, or Elizabeth Warren — has rarely appealed to 51 percent of the American electorate. Most polls show opposition to Court packing and the abolition of the Electoral College. Voters don’t seem to like ... Read More

A Few Cracks in the Progressive Wall

The contemporary progressive agenda — of, say, an Alexandria Ocasio-Cortez, Kamala Harris, Bernie Sanders, or Elizabeth Warren — has rarely appealed to 51 percent of the American electorate. Most polls show opposition to Court packing and the abolition of the Electoral College. Voters don’t seem to like ... Read More
Elections

Biden Is Still Underperforming Hillary

On October 20, 2016: Hillary Clinton was up 6.8 in the RealClearPolitics average in Pennsylvania. Today, Biden is up 3.8. (that race only tightened to 2.1 in the last week of 2016.) Clinton was up twelve points in Michigan on that day. Biden is up 7.5 right now. Clinton was up 6.5 in Wisconsin. Biden is ... Read More
Elections

Biden Is Still Underperforming Hillary

On October 20, 2016: Hillary Clinton was up 6.8 in the RealClearPolitics average in Pennsylvania. Today, Biden is up 3.8. (that race only tightened to 2.1 in the last week of 2016.) Clinton was up twelve points in Michigan on that day. Biden is up 7.5 right now. Clinton was up 6.5 in Wisconsin. Biden is ... Read More

Trump: No

Editor’s Note: The following is one of three essays, each from a different perspective, in the latest edition of National Review on the question of whether to vote for President Trump. The views below reflect those of the individual author, not of the NR editorial board as a whole. The other two essays can be ... Read More

Trump: No

Editor’s Note: The following is one of three essays, each from a different perspective, in the latest edition of National Review on the question of whether to vote for President Trump. The views below reflect those of the individual author, not of the NR editorial board as a whole. The other two essays can be ... Read More

Trump: Yes

Editor’s Note: The following is one of three essays, each from a different perspective, in the latest edition of National Review on the question of whether to vote for President Trump. The views below reflect those of the individual author, not of the NR editorial board as a whole. The other two essays can be ... Read More

Trump: Yes

Editor’s Note: The following is one of three essays, each from a different perspective, in the latest edition of National Review on the question of whether to vote for President Trump. The views below reflect those of the individual author, not of the NR editorial board as a whole. The other two essays can be ... Read More
Elections

How Trump Might Be Winning

I’m far too dumb to be able to shed any light on polls, but I do know something about celebrity and I think I can guarantee this: If President Trump wins re-election, Robert Cahaly is going to become very famous very quickly. Who is Robert Cahaly? The chief pollster for the Trafalgar Group, the only major ... Read More
Elections

How Trump Might Be Winning

I’m far too dumb to be able to shed any light on polls, but I do know something about celebrity and I think I can guarantee this: If President Trump wins re-election, Robert Cahaly is going to become very famous very quickly. Who is Robert Cahaly? The chief pollster for the Trafalgar Group, the only major ... Read More