Saturday, March 07, 2009

Farmers Uneasy About
Early Obama Moves

by Philip Brasher - March 6th, 2009 - Star-Gazette

The Obama administration is bringing more change than many farmers, including some who supported him, bargained for.

It's not just his proposal to eliminate direct payments to farmers who have more than $500,000 in annual gross sales, a level that would cut off the typical full-time farmer without regard to their profit or loss in a given year, critics say.

About 81,000 farmers nationwide would lose their payments, the U.S. Department of Agriculture estimated.

It is typical that the hard left extremists of the Obama regime cannot understand the difference between gross and net sales. If a farmer gets a net profit of a typical 5%, that means a years farming at $500,000 gross would pay him $25,000 net. To proclaim that size of a farm as a "big" agribusiness that should be denied any assistance, as Obama's White House officials portray it, is simply idiocy. $5,000,000, ten times as much, is not a "big" agribusiness. That higher number barely qualifies as "small" agribusiness and not a family farm. Where do these Obama minions get their delusions? Do they have no experience at all?


Post a Comment

Subscribe to Post Comments [Atom]

<< Home