Jeffrey Vermeire

8 months ago
Is there anything inherently wrong with crop insurance, or are you strictly referring to the practice of government subsidized crop insurance? If it is the latter, I imagine that you are correct in suggesting that government payments for crop insurance should be phased out. I think discussing subsidies or non-subsidies for the oil and natural gas industry boils down to definition and semantics. One may have a slightly different view of what "subsidy" truly refers to than another. To me, the assertion of the oil and gas industry is interesting and somewhat ironic. Consider how corn receives enormous subsidies to produce ethanol, which is then added to gasoline. Would you consider that this additive artificially lowers the cost of gasoline through a more direct subsidy? See more

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Jeffrey hasn't commented yet.

8 months ago
Is there anything inherently wrong with crop insurance, or are you strictly referring to the practice of government subsidized crop insurance? If it is the latter, I imagine that you are correct in suggesting that government payments for crop insurance should be phased out. I think discussing subsidies or non-subsidies for the oil and natural gas industry boils down to definition and semantics. One may have a slightly different view of what "subsidy" truly refers to than another. To me, the assertion of the oil and gas industry is interesting and somewhat ironic. Consider how corn receives enormous subsidies to produce ethanol, which is then added to gasoline. Would you consider that this additive artificially lowers the cost of gasoline through a more direct subsidy? See more

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