by Jeff Harrison, of Combest-Sell and Associates
AgWeb.com
U.S. Farm Policy Is About Providing America with the Safest, Most Abundant, Most Affordable Food Supply in the World And About U.S. Jobs, Economic Growth, and Global Competitiveness.
When the U.S. manufacturing sector lost roughly 3 million American jobs to
offshoring, the U.S. government responded with passage of the American Jobs
Protection Act - containing tax benefits that cost about the same as the 2002
Farm Bill.
The bill was designed to help U.S. manufacturers compete on a lopsided global
playing field. There was little if any talk of corporate welfare. And there
was no discussion about limiting benefits under the bill to businesses of a
size and scope not seen since Charles Dickens.
This stands in sharp contrast to the treatment of the 2002 Farm Bill, which was
and continues to be unfairly labeled by some as corporate welfare, while
remaining the constant subject of efforts to withhold its benefits to any U.S.
farmer who even attempts to achieve the economies of scale needed to compete in
the world today.
Never mind that U.S. farm policy helps create 25 million good paying and stable
American jobs, producing $3.5 trillion in economic activity, and accounting for
15% of the U.S. Gross Domestic Product.
Never mind that the world agricultural market is the most distorted of all
economic sectors, with U.S. farmers facing foreign subsidies and tariffs 5 and
6 times higher than those of the U.S., with some even higher.
Never mind that even The Wall Street Journal observed in a December 19, 2003
article that the farm economy had helped rescue the national economy by
mitigating the economic shock caused by the crisis in the U.S. manufacturing
sector.
President John F. Kennedy said, "Our farmers deserve praise, not condemnation;
and their efficiency should be cause for gratitude, not something for which
they are penalized." President Kennedy was right.
Printed With Permission.