Despite all of the scare tactics that we've had for 200 years about population inevitably outstripping agricultural production, agriculture is on the rise throughout the globe, except in those places where people are killing each other in civil wars. In the U. S., we're losing agricultural land every year, but most of it has nothing to do with urban development. Most of it's just because you don't need the land. The amount of land we have for agriculture is so great that about 50 percent of the annual income of farmers in the U. S. is government subsidy, because we just don't need all of that food.
Quotes about subsidy (16 Quotes)
I promised to have no partisan affiliation and no subsidy except advertising.
If you're going to have a public subsidy to education, vouchers are clearly a better way of delivering it. They should result in some loosening up and privatization of the government school system.
What we would look for is a gradual phasing out of the fuel subsidy and a more effective and coordinated policy response from the government and monetary authorities as and when shocks arise. Shocks such as high oil prices, a classic case of external shock, caught the government by surprise.
We are not after customers. We are after the managers of large credit unions that are trying to have it both ways -- act like a bank but at the same time continue to use the credit union tax subsidy.
When we give a subsidy, the benefits to the public ought to exceed the benefits to the company. When it doesn't, that's our definition of corporate welfare.
China's purchases of dollars create a 33 percent subsidy on its exports, and are having a devastating effect on U.S. workers with only a high school education or only some college or technical training, ... Were foreign governments to stop manipulating currency markets, the trade deficit would be cut in half. (That) would increase GDP growth to about 5 percent a year and create as many as five million additional new jobs over the next three years.
And let us not forget the Social Security system. Recent studies show that undocumented workers sustain the Social Security system with a subsidy as much as $7 billion a year. Let me repeat that: $7 billion a year.
The President's budget calls for stricter agricultural payment caps is an important reform of an outdated agricultural subsidy program is rife with abuse and loopholes and hurts small farmers here and abroad. The U. S. government spends billion of dollars each year on farm payments that are heavily concentrated in large-scale commercial operations, distorting international markets and causing controversy and unfairness in global trade.
The Quebec program heavily subsidizes the cost of child-care for middle and high-income families. Most provincial governments in Canada already subsidize child-care for poorer women but they lose the subsidy once their income rises above the poverty level.
With the safeguards we have proposed, ... subsidiaries and affiliates are absolutely identical with respect to the ability of a bank to transfer any subsidy that may exist in the bank.
Choice can be baffling when it's hard to tell the differences between the different plans. I think for people who don't have coverage, who are very low income, this is an important supplement to their Medicare coverage. But people above the low-income subsidy really have to look at the plans closely.
The Federal Reserve has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subsidy,
Jeez, Louise, the subsidy value is roughly three-quarters of the investment. Aside from whether this is right or wrong, when you get right down to it, this kind of behavior can't continue for very long. . . . Taxpayers are going to go broke.
The United States and Turkey are the only two countries that don't have some kind of subsidy for the Arts. The whole culture in society has made certain films more acceptable. I turned down so many films in the '60s and '70s.
At a time when going to college has never been more important, it's never been more expensive, and our nation's families haven't been in this kind of financial duress since the great depression. And so what we have is just sort of a miraculous opportunity simply by stopping the subsidy to banks when we already have the risk of loans. We can plow those savings into our students. And we can make college dramatically more affordable, tens of billions of dollars over the next decade.