Origins of the Asparagus Bailout
From Slate Articles
January 3, 2013 - 10:26am
One of the things the fiscal cliff bill did was further extend a lot of random regularly extended corporate tax breaks. I'm often seeing this reported without full context, as if the fiscal cliff bill created a lot of new pork. But typically these things have been around for a while. Many folks have picked out the extension of "market loss assistance" for asparagus farmers, for example, but this dates back to the farm bill from the last year of the Bush administration. Senator Patty Murray (D-WA) brags about it on her website and Senator Maria Cantwell (D-WA) was talking about fighting for it back in 2007, so I think we can gather than a lot of asparagus is grown in Washington State.
This is said to be needed because American asparagus farmers have been "devastated" by cheap imported Peruvian asparagus.
In general, I'm all for recognizing that people's economic fortu...
Continue reading this article »
Share This Article: