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By David A. Clarke Jr.
Blame Washington's intelligence failure, not lack of police
Topic - George J. Borjas
Fundamental reforms necessary to resolve the nation's long-term fiscal gap equitably and efficiently would produce large gains for little pain. In 1984, New Zealand abolished its large, unsustainable farm subsidies all at once. As expected, the plan was met initially with protest marches on Parliament and organized resistance by farmers. Nevertheless, only 1 percent of commercial farmers were forced to leave the land as a result of the new policy.