tag:blogger.com,1999:blog-8817171247555815363.post5277673728193200349..comments2024-03-26T05:57:44.937+00:00Comments on True Economics: 7/10/2014: Subsidies Rained on Irish Agriculture: 2013TrueEconomicshttp://www.blogger.com/profile/07350536454228478974noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8817171247555815363.post-81676097666475125692014-10-24T21:15:42.087+01:002014-10-24T21:15:42.087+01:00"... net subsidies accounted for 66.8% of agr..."... net subsidies accounted for 66.8% of agricultural income (operating surplus) ..." The situation is even worse in some sectors that are now completely dependent on subsidies or they would barely exist. Whatever food secure may be worth to us this is a failed approach. No market can work with such incentives distortion. Plus it creates surpluses that actually are sold to e.g. Africa so cheap that local small-holders earning less than a dollar a day cannot compete.Colm Barryhttp://aquaponics.ratheryes.comnoreply@blogger.com