A perverse system of misguided incentives. Imagine an industry on a roll. Its income surpassed the $100 billion mark last year for the first time. On top of these riches, those in the business got an additional $25 billion or so in federal handouts. The 1 percenters of Wall Street? Not even close. The beneficiaries are America’s farmers, or to be more ... MOREBLOOMBERG: Farmers Making $100 Billion Get Subsidies
A perverse system of misguided incentives. Imagine an industry on a roll. Its income surpassed the $100 billion mark last year for the first time. On top of these riches, those in the business got an additional $25 billion or so in federal handouts. The 1 percenters of Wall Street? Not even close. The beneficiaries are America’s farmers, or to be more ... MORE