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April 11, 2005
The economic genius of the West Wing
Actual dialog from a recent West Wing rerun:
Josh: What do I say to people who ask why we subsidize farmers
when we don't subsidize plumbers?
Farmer's daughter 1: Tell 'em they can pay
seven dollars for a potato.
Yes, I know it's a TV show, but do people actually think like this? I always assumed that the reason we couldn't get rid of farm subsidies was rent seeking by the farmers, but if people actually believe this, that could be part of the problem.
1. Don't blame me. That's how she's identified.
Posted by ekr at April 11, 2005 7:06 AM | Filed under:
Comments
To be fair, if "arguments in its favor have been grossly mischaracterized on an American network television drama" were a disqualifying criterion for political positions, then there wouldn't be a lot of them--including perfectly sensible ones--left to hold.
Posted by: Dan Simon at April 11, 2005 8:35 AM
I can't even figure out what she means.
Is the idea that if we dump subsidies, all the small farmers will be forced out of the market, and we'll wind up with a potato oligopoly, which will then impose seven-buck per spud prices?
Posted by: Chris Walsh at April 11, 2005 8:55 AM
Chris: I think that's the straw-person viewpoint we're supposed to attribute to farmers.
I thought farm subsidies were a holdover from the idea of food independence (as if the US has been dependent on food imports since the 1700s).
Posted by: Paul at April 11, 2005 9:18 AM
I read it as subsidies let farmers sell spuds cheaper b/c they're being subsidized--which is even stupider than Chris's version.
Posted by: EKR at April 11, 2005 9:24 AM
Actually, its worse, some of the subsidies (eg, Dairy) are deliberately designed to INCREASE retail prices as well as offering the farmers a government-rent.
Ever wonder why Gasoline is cheaper than Milk?
Posted by: Nicholas Weaver at April 11, 2005 9:25 AM
Ever wonder why Gasoline is cheaper than Milk?
Because it doesn't taste as good?
Because it doesn't have to be refrigerated?
Because the organisms it's made from are dead, and don't need any care and feeding?
I agree that the "seven dollars for a potato" argument is grossly oversimplified to the point of being downright misleading. But I don't see any a priori reason why the gasoline/milk price ratio should be in any particular ballpark.
Posted by: Dan Simon at April 11, 2005 11:20 AM