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Source: Economic Research Service, Apr. 29, 1970.

1 Adjusted for direct Government payments to farmers. Data in parentheses are projections.

of living for all Americans. an abundance of wholesome food products, and a higher standa to the free enterprise economy. and equitable relationship between the farmer and society as a who ment of Agriculture are directed towards the securing of a balanc only for today, but for tomorrow as well. The programs of the Depar ficiaries. In agriculture, the consumer is the primary beneficiary-1 of the agricultural program and of its intent with regard to bei unrealistic, without taking their public purposes into account.

(5) There appears to be is basic misunderstanding of the purpos

(4) The condemnation or praise of subsidies as such is academic a used as an acceptable and serviceable, if at times controversial, adjus

(3) Subsidies are as old as our Government and long have be untouched by subsidy or subsidylike programs.

(2) It is equally clear that few, if any, areas of the economy a or ideological concept of the Federal Government's role in society. tutes a "subsidy.” Most definitions rest upon a particular philosophic

(1) It is absolutely impossible to reach agreement on what cons reader's attention to several obvious conclusions:

Even a cursory review of the foregoing material should draw t

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