Farm Subsidies, Good or Bad and for Whom?

A farm subsidy is a form of financial aid paid to farmers by the government reducing the farmer's ability to determine how much should be produced, bad idea. The purpose of the aid can be to supplement their income or influence the cost and supply of agricultural products. The U.S. government pays farmers more than $20 Billion a year in farm subsidies. Proponents argue that the subsidies are necessary since net farm income has declined by 32% between 2014 and 2015 do to global competition. But if this changed, you would see high inflation in food prices. Opponents argue that the farmers should fend for themselves and point out that 2,300 farmers who do not grow crops receive annual subsidies.