Turkey, Stuffing, and a Side of Subsidies: New at Reason

The following excerpt is from an article that originally appeared on The Economic Crisis Report

It’s that time of year again, when millions of Americans gather for Thanksgiving meals of turkey and plentiful sides. I hope you enjoy yourself, because as a taxpayer, a consumer or even a producer of some of that food, you’re paying a stiff price for the privilege of celebrating this cherished American holiday.

Every year, the federal government dishes out north of $20 billion in farm subsidies. Five crops (wheat, corn, soybeans, rice and cotton) make up more than 80 percent of agricultural subsidies. They go to big agribusinesses and investors, many of whom are in cities far away from the fields of harvest. The result is that for us taxpayers, the rolls, long-grain rice, stuffing and creamed corn on our plates, as well as the cotton tablecloths we’re dining on, cost us before we even went to the store, writes Veronique de Rugy.

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