SUBSIDIES BENEFIT WHOM?!?

Lynne Kiesling

According to documents that the Guardian accessed through freedom of information access, Queen Elizabeth and Prince Charles received over GBP1 million in EU agricultural subsidies over the past two years.

Remind me again of how subsidies help the poor, struggling small farmer …?

Hat tip to Matt Welch at Hit & Run.

UPDATE: million, not billion. Typo. Thanks to solyom for the correction in the comments.


10 thoughts on “SUBSIDIES BENEFIT WHOM?!?

  1. Perhaps more interesting is the presence of several large food companies at the top of the list – Tate & Lyle got over 200m for growing sugar beet.

  2. Perhaps more interesting is the presence of several large food companies at the top of the list – Tate & Lyle got over 200m for growing sugar beet.

  3. I loved what T&L said about how the subsidies compensate them for EU restrictions on their sales in Europe, and their consequent having to sell at the lower world price.

    Heaping distortion upon distorion.

  4. I loved what T&L said about how the subsidies compensate them for EU restrictions on their sales in Europe, and their consequent having to sell at the lower world price.

    Heaping distortion upon distorion.

  5. It’s a bit like the EU tobacco subsidies which support the growth of tobacco in Italy and Greece, then intervene to support export to 3rd countries (e.g. Albania), then intervene again to support re-import of Albanian tobacco products into the EU…

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