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Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by tehjoker on Friday August 16, 2019 @09:54PM (#20721441)
The government system of subsidizing production is a good thing. The problem is it's not planned enough (or planned to service certain interests). When we didn't have subsidies, we had underproduction of food crops because of the vagaries of market forces. This lead to starvation and displacement.

However, I think I could agree that corn and soy in particular are overproduced. I've heard that you can eat less soy by eating soybeans than by eating livestock raised on it.

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by sumedh on Friday August 16, 2019 @09:59PM (#20721463)
> The government system of subsidizing production is a good thing.

How is that a good thing, shouldnt the free market take care of it? If there is shortage of wheat why cant wheat be imported from other countries to take care of the shortage?

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by username90 on Friday August 16, 2019 @11:09PM (#20721726)
> If there is shortage of wheat why cant wheat be imported from other countries to take care of the shortage?

What if there was a wheat recession and there was no more wheat anywhere? Or what if there was a trade war and they refuse to trade? At least I think it is a good thing that people no longer starve to death during recessions.

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by sumedh on Saturday August 17, 2019 @03:19AM (#20722686)
What is the point of talking about hypotheticals?

People in the US die because they cannot afford medical costs, the US is perfectly happy with that.

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by nosianu on Saturday August 17, 2019 @08:11AM (#20723611)
It's not a hypothetical at all. This is bound to happen sooner or later. You don't want it to happen even once. Food reserves only go so far - and if you use them for this very foreseeable problem (you just don't know when exactly) you leave yourself more open to the unforeseeable catastrophes.

And yes, there is a very good point talking about hypotheticals on such literally vitally important topics.

> People in the US die because they cannot afford medical costs, the US is perfectly happy with that.

Maybe the difference is that sick people don't riot? If I remember the already mentioned "The Omnivore's Dilemma" correctly the current agricultural policies among other factors mentioned there also were created because of civil unrest due to food shortages, to prevent it from happening again. I can find plenty of sources for food riots, I have not read about anything similar caused by medical costs.

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by sumedh on Saturday August 17, 2019 @08:32AM (#20723694)
> It's not a hypothetical at all. This is bound to happen sooner or later.

Based on your hypothesis?

> Maybe the difference is that sick people don't riot?

So people dying is ok its just that they should not riot?

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by tehjoker on Monday August 19, 2019 @08:10PM (#20742836)
Their family and friends do!
Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by tehjoker on Monday August 19, 2019 @07:50PM (#20742743)
The subsidies were started because the free market encouraged farmers to destroy their crops to raise prices during a famine. We now have overproduction, which is far better than underproduction.
Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by matchbok on Saturday August 17, 2019 @10:06AM (#20724093)
Because every country needs to be able to produce food. Importing all your food is a huge security risk.
Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by sumedh on Saturday August 17, 2019 @10:43PM (#20727897)
We are not talking about importing all the food though.
Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by javert on Friday August 16, 2019 @10:41PM (#20721630)
> When we didn't have subsidies, we had underproduction of food crops because of the vagaries of market forces. This lead to starvation and displacement.

No idea at all what you're talking about. The last time a Western non-planned economy had a famine outside of wartime was in 1906 [1].

The closest thing is a "food shortage" in Ireland in 1924-1925.

That is a truly incredible track record for relatively free markets.

[1] https://en.wikipedia.org/wiki/List_of_famines

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by tehjoker on Monday August 19, 2019 @08:09PM (#20742830)
Sorry, I was riffing and forgot some of the key details. It was that during the great depression, there was a crisis of overproduction at the same time as an economic crisis. Farmers began destroying food at the same time that people could not eat (because they could not access or afford the food). The government stepped in to manage the prices and actively destroyed ag output.

https://www.britannica.com/topic/Agricultural-Adjustment-Adm...

Re:U.S. Farmers Stung by Tariffs Now Face a $3.5B Corn Loss by javert on Friday August 16, 2019 @10:32PM (#20721593)
> The problem is it's not planned enough

The government is not a good planner. End of story.