Should Uncle Sam Bail Us Out of Drought?

Should Uncle Sam Bail Us Out of Drought?

News Type: State, Regional, Federal Source: On Pasture
Click here to read the article: https://onpasture.com/2018/10/08/should-uncle-sam-bail-us-out-of-drought/

This designation was enough to send a ripple of joy through the countryside, as ranchers were now free to sign up for emergency drought payments, payments based upon how many cattle or how many acres you manage. The bigger your operation, the greater your disaster, so the bigger your relief check. Ranchers made the sign of the cross and sent up a chorus of thanks, because no matter how difficult the markets or the weather, at least they had some good news: the USDA was going to send them some cash to help tide them over.

Finally, someone back in Washington had a good idea.

Perhaps I should go ahead and say it right now: I don’t think this is a good idea. In fact, I think it’s a bad idea, and very poor policy.