If farmers’ dairy products are subject to nuclear radiation or nuclear fallout (which could become a reality if President Obama continues to give Iran a mere slap on the wrist), farmers may apply to recover their losses. They may also be eligible to recover losses due to pesticide contamination—pesticides originally approved by the U.S. government.
First of all, what is up with the government having to approve everything in the marketplace and then having to make amends if something goes wrong—faulty Toyota gas pedals, poisonous milk, Mattel’s toys? Why can’t the marketplace govern itself? Why must career legislators step in, “save the day” and use taxpayer money to do it?
The Catalog of Federal Domestic Assistance Web site says the total cost of this dairy subsidy for fiscal year 2007 was $0. Figures weren’t even posted for 2008. Nor were the figures readily available when I called the Department of Agriculture this morning. And with the inaccuracy of the last subsidy obligation posting, why should we believe the numbers on this one? Why the inaccessibility?
It’s time to cut regulations that keep costs high for producers and to cut non-transparent subsidies that attempt to make up for poor regulatory and policy decisions.