The Duke
Diamond Member
- Jul 30, 2022
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I never understood the farmer subsidies..paying people to not produce.Maybe you need to include farmers welfare to be fair.
Government payments (excluding crop insurance payments) to farms have fluctuated since 1933, from a low of $1.5 billion in 1949 to $32.1 billion in 2000. In 1949, government payments made up 1.4% of total net farm income — a measure of profit — while in 2000 government payments made up 45.8% of such profits.
In 2019, farms received $22.6 billion in government payments, representing 20.4% of $111.1 billion in profits.
Federal farm subsidies: What the data says - USAFacts
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