Subsidies

Subsidies are assistance to businesses and industries to control the supply and demand. Yet, subsidies rarely do what they’re meant to do because the industries receiving the subsidy either keeps the prices the same and pocket the extra revenue instead of passing it down to the consumers or they make it harder for small businesses to compete.

Would you rather have a Government run economy or have an open market economy? Subsides stop the free market and create government controlled industries.

Farm Subsidies

Humanitarians do not support farm subsidies, which is when the Government take your tax dollars and pay farmers to either not produce crops or to produce a certain amount of yield.

Farm subsidies started to control the supply and demand in farming but they go against the open market philosophy America has been built on. Subsidies also make it harder for small farmers to compete.

Apples, Bananas, Grapes, Lettuce, Pineapple, Broccoli, Cantaloupe plus dozens of other growers do not receive subsidies and we do not have a crisis in those markets. Yet corn growers do receive subsidies and those prices continue to rise.

New Zealand stopped farm subsidies in 1980’s and today their farms are doing excellent in a open free market without assistance from their Government.

Farm subsidies are meant to control the supply and demand, but this should be up to the farmers to control. If they have to much supply cut back on production or vice versa.

Oil Company Subsidies

Humanitarians do not agree with subsidies to oil companies. Government should give an tax dollars to an industry that makes records profits every year. Oil companies around the world continue charging high prices which is another reason US oil companies do not need subsidies.

Subsidies In General

The subsidy process is a complicated system and involves a lot of different industries and services. Humanitarians believe any subsidy needs to be fair to all businesses in a market and monitored closely to avoid wasteful spending to make sure they’re actually helping those who need the help they’re receiving. With an in depth look at how it effects the economy as a whole.

 


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