Per AI, comparative food production subsidies are the same in US and China. China spends a 2x total but they have more people so per farmer support is more or less the same.
So if that's your metric, US is at par with China.
US food is affordable. To the extent that food in China is cheaper, I'm pretty sure the main reason is dramatically lower cost of labor.
But the premise of your comment is just wrong.
Money doesn't grow on trees. It's taken by the government from people.
Subsidies don't make things cheaper. They just obscure the real cost and can be used by politicians to buy votes from pickFrom([farmers,students,renters,teachers,...])
If US government didn't spend $35 billion/year subsidizing food production, food would be more expensive but an average worker would have $214 more per year to spend on food.
Comments
Per AI, comparative food production subsidies are the same in US and China. China spends a 2x total but they have more people so per farmer support is more or less the same.
So if that's your metric, US is at par with China.
US food is affordable. To the extent that food in China is cheaper, I'm pretty sure the main reason is dramatically lower cost of labor.
But the premise of your comment is just wrong.
Money doesn't grow on trees. It's taken by the government from people.
Subsidies don't make things cheaper. They just obscure the real cost and can be used by politicians to buy votes from pickFrom([farmers,students,renters,teachers,...])
If US government didn't spend $35 billion/year subsidizing food production, food would be more expensive but an average worker would have $214 more per year to spend on food.