(1) Position Statement topic: Agriculture
(2) My position is that the government should reduce or eliminate US farm subsidies.
(3) Economic arguments against my position:
(4) Economic arguments in support of my position:
Committing more finances to farm subsidies is not a solution to the problem of the ailing agriculture sector. In fact, the farm subsidies have less positive economic implications than the negative ones. Most of the past beneficiaries of farm subsidies do not even deserve the subsidies. Moreover, funding of farm subsidies is very expensive and inflicts huge financial burden on the American taxpayers who still end up buying the products. In addition, the farm subsidies lead to more poverty as the consumers are made to buy the products at a price not commensurate with the production cost.
Schnepf, Randall D, and Jasper Womach. Potential Challenges to U.s. Farm Subsidies in the Wto. New York: Nova Science Publishers, 2008. Print.
Armbruster, Walter J. Us Programs Affecting Food and Agricultural Marketing. Berlin: Springer, 2012. Print.
Piccinini, Antonio, and Margaret Loseby. Agricultural Policies in Europe and the USA: Farmers between Subsidies and the Market. Houndmills, Basingstoke, Hampshire: Palgrave, 2001. Print.
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