Free Argumentative Thesis On Supporting Subsidizing Of US Farmers: Argumentative Essay Example
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The farming and agricultural side of the US economy is crucial to supply food for human survival. Farming is extremely vital for the US economy due to its role in promoting food security and food sufficiency. The US government availed subsidies as the means of boosting farmers and other players in the field of agriculture. The subsidies take the form of payments and incentives given to the farmers from the tax money in order enable farmers facilitate efficient production.
Subsidizing of farmers in the US will ensure the stability of the farming system. The provision of subsidies to the farmers in will facilitates enough or even more than enough supply of the harvested products. Subsidies avail the monetary support to the farmers leading to high levels of output because the farmers can adequately take care of the input costs in farming. The subsidies substantially reduce the costs of production for the farmers enabling them to produce high volumes of harvest. The farmers will also afford efficient and latest farming equipment leading to stability of the farming system (Goodwin, 2011). The accessibility and affordability of productive farming equipment will help farmers to carry out advanced agricultural activities leading to high levels of harvests and output.
Provision of subsidies will also enable farmers to compete effectively in the market. The farmers in the US gets most of the benefits from the subsidies in the form of monetary support allowing them to focus on the production activities. The production of high levels of output will enable the farmers market their products at low prices thereby taking a large portion of the market. The production of good harvest will help prevent the possible spike in prices and other negative consequences (Anderson, 2011). Low production costs will, therefore, allow the farmers to compete effectively in the global markets. The subsidies help in regulating the food prices in the US leading to food security and health of the population. The aspects of effective competition and food security will help boost the overall economy of the US.
However, provision of subsidies is not without negative implications. The subsidies have a tendency prohibit the US farmers from trying out innovative agricultural practices. The monetary support offered to farmers will reduce their capability to face challenges and formulate innovative solutions in farming. The availability of agricultural inputs and farming equipment at low costs will hinder the farmers from brainstorming about alternative and innovative practices in farming. The subsidies also inhibit the farmers from diversifying the land use practices in order to boost agricultural production (The Incidence of U.S. Agricultural Subsidies on Farmland Rental Rates, 2009). The farmers will also not be willing to concentrate on the cost cutting strategies due to the availability of subsidies. Substantial investment in agriculture in the form of subsidies puts the economy of the US at risk because agriculture accounts only for about 1.5 percent of the whole economy. Subsidization of farmers may, therefore, lead to less economic benefits to the US.
Conclusively, subsidization of farmers in the US facilitates the plenty supply of harvest due to efficient and modern farming technologies. The high levels of output from farming in the US will promote the supply of sufficient and a variety of foods translating to food security. The need for stability of the farming system in the US calls for the provision of subsidies to the farmers through reduced costs of production. The subsidies will also enable farmers to compete effectively in the global markets through low-priced agricultural commodities.
Anderson, K., Martin, W. J., & Valenzuela, E. (2006). The Relative Importance of Global Agricultural Subsidies and Market Access. World Trade Review. doi:10.1017/S1474745606002916
Goodwin, B. K., Mishra, A. K., & Ortalo-Magné, F. (2011). The Buck Stops Where? The Distribution of Agricultural Subsidies.
The Incidence of U.S. Agricultural Subsidies on Farmland Rental Rates. (2009). Journal of Political Economy. doi:10.1086/598688
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