I retract my statement about the programs not saving the consumer money at the grocery stores.
The farm programs do save consumers money at the grocery store. You can calculate the savings for yourself.
The real effect of farmers being able to financially leave the programs will not be felt at the grocery store until this this summer.
How much did you and your family spend in groceries last year? How more are you spending now? How much more do expect to spend by summertime, when the effect of the 2007 crop will have worked it's way though the system, with the price of milk, meat eggs etc. reflecting the new economics of a 'no farm program anymore'.
The farm programs cost about $20 billion each year. Thats about $70 per person, $280 for a typical family of four.
Calculate from that whether the farm programs have personally saved you money.
I'll make another guess. They have.
Yeah, all the consumers who don't pay taxes to support the farm programs might see lower prices. Some people think the subsidies actually raise the price of food.
How much did you and your family spend in groceries last year?
How much did we spend on Federal taxes to pay for the farm programs?
How much more do expect to spend by summertime, when the effect of the 2007 crop will have worked it's way though the system, with the price of milk, meat eggs etc. reflecting the new economics of a 'no farm program anymore'.
What do you mean by 'no farm program anymore'?
I'll make another guess. They have.
I'm stunned by the fact that you think a government program which distorts markets would somehow save us money.
I retract my statement about you being smarter than that.