Farm Subsidies Hurt!

$4,377. That's what the latest farm bill is expected to cost the average American family over the next 10 years from taxes ($1,805) and inflated food prices ($2,572). The progress made in the Republican driven Freedom to Farm Act of 1996 has been, essentially, lost. And all because it's an election year. But politics is politics--and until there is a penalty for voting for the other guy's pork, politicians are going to vote for the other guy's pork--because the political benefits (specifically getting the other guy to vote for YOUR pork) outweigh the consequences (when have you ever voted against your guy for voting on someone else's pork?)

Read these pieces in the Wall Street Journal & Opinion Journal and get angry:
Pete DuPont's column
The WSJ edit page's Review & Outlook
Congressman Jeff Flake's editorial

By Chris on May 31, 2002 4:52 PM | | Comments (0)
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Chris Alden

Christopher J. Alden is Chairman & CEO of Six Apart Ltd., the world's leading blogging company. Six Apart acquired Rojo Networks, Inc., creator of an innovative RSS feed reading service, where Mr. Alden was co-founder and CEO. Before Rojo, he was CEO of Red Herring Communications, Inc., publisher of Red Herring magazine -- described by the Wall Street Journal as the "bible of Silicon Valley" - which he helped launch out of his house in 1993. Prior to that he founded Computer Guides, a consultancy.
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