US FARM BILL
May 1st, 2002
BY KEITH NUTHALLFOR years, the US government has played Mary Poppins on agricultural subsidies, claiming that its handouts do not encourage farmers to overproduce when prices are low. Now it is not really trying to pretend.The mask has not just slipped, it has been casually pulled off and tossed aside. President Bush has signed the US Farm Bill onto the American Statute Book: welcome home protectionism.It is probably not the detail that counts. After all, the EU still hands out plenty of Euros to its farmers and the Americans have not (yet) broken their World ...
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