Friday, October 5, 2012
Topic 7: Government Farm Subsidies
In the video, it was talking about how the government attempts to push for more farm subsities when it is clearly no help at all. I believe that the government subsidies are given to farmers when farmers are more than average the American income, and it doesn't go to the farmers with smaller farms, which need the subsidies more, they are given to huge farmer businesses in which doesn't need them as much. These subsidies also contain certain holes in the bill, in which people can claim these subsidies without being farmers, through their properties. The subsidies for farmers is absolutely unnecessary as it does not benefit as many people as they think it would. The people in the film believe that governments should stay away from cooperation in general, if these things are meddled with by others, it will not function as properly as it suppose to. I agree with them completely,I believe that there is the invisible hand that drives the market in an economy, and through these taxes and subsidies in attempt to help the market better, it actually counters the effect, making the market against its nature, which makes it not helping at all. However, I believe that the only subsidies anyone should receive would be governmental educational benefits. I believe that education and market is completely different, as schools may need help in certain developmental areas and maybe the projects are simply too big for them to handle. The schools are profitable organizations, but its for a good cause, therefore I believe that colleges and universities deserves these governmental benefits. As for normal tax payers, I believe that everyone, even if they dont have school children going to school , they should still pay the school taxes in order to support them as a citizen of the country. It cannot just be for people who have children in the school, it has to be for everyone, as everyone has the chance to receive the benefit, however they just don't have any children therefore chooses not to use this benefit.
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