Positron311

Replying to this comment just to let other people know why Big Agriculture is being subsidized. Most people think that subsidies are bad, and in many cases that is true.

However, the reason why the agriculture industry is subsidized is because if they aren't, they end up losing a ton of money and a lot of very disastrous consequences come about as a result. The agriculture industry in the US has the capability to (and in fact does) produce way more than enough food for the American people. We export a lot of our food overseas as well. The problem with that is that each business, in the absence of subsidies, would sell all of their food, effectively reducing the price of food to 0 because there is A LOT more food available than what we can consume (hard to imagine, I know). While this would effectively solve the hunger problem in the US and help some other countries as well, farmers would have no incentive to be farmers (and not to mention the fact that they would all be broke). Then farmers won't produce food, because how are they going to buy seeds for some crops, or maintain or buy machines with no money? This is where the subsidies come in. The government buys the "extra" food that the farmers don't sell and disposes of it by either dumping it in a river or burning it.

Definitely not the best way to get rid of it (we shouldn't be doing that in the first place morally), but yeah. Unfortunately, it is a very difficult problem to solve.

Economists have different thoughts on this issue, but most economists think that short-term spending is actually necessary to stimulate an economy. In the long-run, savings= investment, and the more you save, the stronger the economy becomes.

Banks usually recieve the bailouts, but IMO this is where fiscal and monetary policy need to hybridize on some of their approaches.

Farming has been subsidized by US government for a while now.

This is reddit, we don't take a break from politics around here.