Monday, March 2, 2015

Marisa White chapter 8 question 2

Something that I think will effect people in the future in this chapter had to deal with all the subsidies.  Individually a couple subsidies here and there seem okay, like the examples from the book for the underground parking garage, trade protection on sugar, etc. But all of those will continue to add up contributing to our $14 trillion economy. "If the government has to support the price of milk, the real problem is that there are too many dairy farmers...Governments should not be in the business of providing incentives for people to do things that would not otherwise make sense" (181). I think if the government continues to subsidies people, just so they can continue to make money doesn't make sense. People should be producing things that consumers want to buy, and not be paid to produce them. I think this could cause more problems in the future because there is probably somewhere else that money could go and be made more useful.

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