Ben H
Well-known member
Ok, I believe in removing most if not all subsidies. I have heard about the sucess New Zealand has had in doing so.
So where do we begin?
So where do we begin?
Kato said:this is an interesting read.
http://newfarm.rodaleinstitute.org/feature/0303/newzealand_subsidies.shtml
How all this would translate to an agriculture economy as large as the U.S. or E.U. is anyone's guess. Their success is easy to see when you see just how large the agriculture sector of the economy is. The article says that 800 farmers went out of the business. They also say that is 1% of farms. This means that New Zealand is a country, by this calculation, that has about 8000 farms. That's not a lot of farms. How many farmers would 1% of the U.S. be? I bet 800 would only cover one small state.
I can also see why New Zealand is touting the benefits of subsidy free agriculture. Who wouldn't? The rest of the world's governments are subsidizing the competition, which puts NZ at a disadvantage. The only way to even that out is by either jumping into the subsidy game, or talking others out of it.