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Re: Eurotrash Hippy Wanabees and the G8 Summit
Quote:
Originally Posted by jpsartre12
This was the point that I was trying to make. In a truly free global market, US agriculture would kick the rest of the world's asses. That's why Europe has its high tariffs against US imports. We pay farmers NOT TO GROW because when they do, they drive the prices down too low. And since the protectionist markets in Europe and elsewhere place high tariffs on American produce, we wind up with a glut and it winds up rotting unsold in the US.
In a truly free global market, the little farmer might as well sell his oxen for its meat value, because he can't be competitive globally.
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I think this is highly debatable. The US subsidizes the agriculture industry heavily, and in a truly 'free market' that wouldn't be allowed.
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