Wednesday, December 05, 2007

Something I didn't realize, from a good farmgate post (Uof IL):
The advent of revenue insurance programs, which have been attractive to farmers, have greatly increased the business being done by insurance companies and the cost to the government has doubled over the past 7 years.
I think it's safe to say that the costs of subsidizing crop insurance, much like those of flood insurance, don't get the scrutiny that direct outlays do.

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