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Old 07-27-2002, 06:49 PM   #12
Griff
still says videotape
 
Join Date: Feb 2001
Posts: 26,813
Having never played an economist on tv, I'm sure there are some obvious holes in my position. Anyway, here goes, There is no such thing as a temporary Federal program. I'm all for buying a little love with free food if its a bridge to the ultimate goal of Sudan being either food self-sufficient or developing enough of an economy that food purchaces are a small burden. If temporary, the American market will reduce the number of beef cows being grain fed, the price of beef will increase and Griff will put on a small herd of grass fed angus to take advantage of the prices. If it becomes permanent, the guaranteed income will cause even more centralization in our agriculture as big ag puts more land under tillage to meet the known greater demand. This will permanently eliminate ag production in Sudan. It also moves market elasticity overseas with human beings rather than cattle being the extra mouths to feed, unless Congress is willing to pay substantially more for the overseas grain.
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