The Fabric of Their Lives

[RS Davis]

[glow=red,2,300]Jacob Sullum Wrote:[/glow] Taxpayer-subsidized water is just the beginning. U.S. cotton farmers also receive crop-specific payments that encourage them to grow more than they could sell if, like most business people, they had to recoup their production costs. According to a 2002 report from
Oxfam International, these subsidies amount to nearly $4 billion year, or $230 an acre. By comparison, the market value of America's cotton crop in 2001 was about $3 billion. ... Even with all this help, U.S. cotton farmers insist they cannot make a go of it unless the government also pays companies to buy their crop."

- Rick