Home » In brief \ Tags:

Big Corporations Reap Subsidies

[Alligator Trading Co.] is among more than 700 that have shared $130 million since 2001 as part of the U.S. Department of Agriculture's Value-Added Producer Grants program. The goal is to help rural businesses cover marketing and development costs to expand their markets. [The] firm is on the small end. But the USDA has also awarded millions to giant food co-ops such as Welch's and Sunkist, as well as wine growers in California's Napa and Monterey counties. (Washington Post, Wednesday)

Another deja-vu story.

FEE Timely Classic
Aid to Owners of Dependent Enterprises by Charles W. Baird

© 2009 | Foundation for Economic Education | 30 S Broadway, Irvington-on-Hudson, NY 10533 | 1-800-960-4FEE (1-914-591-7230) | Fax 1-914-591-8910 | Log in