this post was submitted on 01 Aug 2024
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Farmers have bills to pay, too. If the price of growing food doesn't cover the cost to make it they'll go out of business. Then there will be one less farm to grow food. If there's no farms and we're totally reliant on imports, that's a strategic weakness.
It's the same reason we prop up carmakers when they go out of business: Manufacturing capacity is a strategic asset just like farmland.
Then subsidize the farmers by the amount you were paying them to not harvest the food ? They don’t make any money when they aren’t selling it at all either, without this intervention…
Which leads to even cheaper food prices and even more subsidies, and then you have a planned economy.
Oh wait.