The Electric Commentary

Wednesday, December 14, 2005

I still haven't told him the "tractor story."

Here at the EC we love to talk about ag subsidies. Dan Drezner is blogging from the WTO meetings this week, where ag subsidies are always a sticky issue with the developed world. Dan decided to dig up some numbers on the subject, like:

Half of all subsidies go to only 5% of Congressional districts.

Four commodities--corn, wheat, rice and cotton--account for 78 percent of all ag subsidies.

Dan takes the Europeans to task too:

More than 80 percent of CAP payments go into 20 percent of farms -- including, deliciously enough, members of European royalty. The Queen of England, for example, received over 230,000 euros a year.

He has a lot more. Check it out.


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