ClassicaliberalConservative

Moderate Politics from an Extreme Personality

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Location: New York City, New York, United States

To know nothing of what happened before you were born is to remain ever a child. -Cicero ************ Extremism in the defense of liberty is no vice. Moderation in the pursuit of justice is no virtue. -Barry Goldwater

Monday, July 18, 2005

Great Daily Kos Diary

Very informative and to the point. That being said, I must point out that many on the right, including the CATO Institute have vehemently spoken out against corporate welfare and agricultural subsidies. Furthermore, the definition of corporate welfare is in the eye of the beholder. Frankly the government sometimes needs to fund the research work of private firms because the risk/return calculation of certain projects (ie alternative energy) is just too great. And while agri-subsidies may seem useless, I do not believe any of us want to go back to the pre-New Deal days where food/commodity prices fluctuated widly and consumers lacked the price stability we have today which makes the food expense part of one's budget much easier to predict.

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