Jan 23, 2011 • 50M

Farming Subsidies

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Appears in this episode

Bob Zadek
Bob talks about the issues that affect our lives on a daily basis from a purely libertarian standpoint. He believes in small government, fewer taxes, and greater personal freedom.<br /><br />America has lost its way, but it cannot and does not need to be reinvented. Our founders were correct about their approach to government, as were John Locke, Adam Smith and the other great political philosophers who influenced them. The country’s first principles are economic and social freedom, republicanism, the rule of law, and liberty. Bob believes we must take the best of our founding principles and work from them because a country without principles is just a landmass.
Episode details

In this episode, Bob is joined by Chris Edwards from the Cato Institute to cover farm subsidies and agricultural price supports. This is a huge federal budget item and ripe for total elimination. It is important economically but difficult politically. Let’s get rid of ethanol and sugar subsidies and all wealth transfers from lower income food buyers to middle and upper income farmers; from city dwellers and suburbanites to what is left of American Gothic. Bring back free market pricing.