Sunday, May 4, 2008

Farming subsidies

During the election campaign, I was struck by the thought that in these times of high and rising food prices, there is no need for the government to subsidise farmers such as in the EU Common Agricultural Policy.

It seems the Economist this week has come round to the same way of thinking - I think there could be trouble ahead for the EU on this issue, as more and more people suffer from high taxes and high food prices, there is going to be fury and rightly so if farmers are enriching themselves as a consequence.

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