What the Buchananite fair-traders refuse to acknowledge is that agriwelfare combined with import restrictions suppress the ability of third world farmers to export what they grow and get paid for it. Instead, we send them foreign aid for which we get nothing in return and their farmers get another blow as the aid takes the form of our crop surpluses.
It perpetuates underdevelopment, jacks up consumer prices here, and is good for no one but the politicians who buy grain belt votes with it.
I agree with that completely. Many voters fall for the ‘family farmer’s hardships’ line, even though agriculture is dominated by large, corporate farms who are the largest recipient of government corporate welfare. I fully support opening up trade in agriculture and eliminating subsidies, provided agricultural products are verified to meet safety standards.