Unit agricultural subsidizing Lesson Agricultural Park Present Tense What is Present Tense?

Exercise 2. Reading task. Matching Headings
A.In the domestic sector, consumers, taxpayers, and small farmers are hurt by agricultural subsidies. Brian Riedl, Senior Fellow at the Manhattan Institute, describes the effects of agricultural subsidies, writing:
B.“They burden American families with higher taxes and higher food prices. They harm small farmers by excluding them from subsidies, raising land prices, and financing farm consolidation. They increase trade barriers that reduce incomes in America and in lesser-developed countries. They are falsely promoted as saving the family farm and protecting the food supply. In reality, they are America's largest corporate welfare program.”
C.Consumers are harmed by the distorted price that results from subsidies. Since the government is intervening with the market to “pay” the farmer to produce, which eliminates competitors, the producer sets a price that is not determined by a free market. Without foreign competitors to bring the price to market levels, consumers pay more for their product than they would in a free market system devoid of subsidies, costing consumers an extra $12 billion annually.
D.Taxpayers not only fund the subsidy itself through their tax dollars, but they also fund the programs that buy back the surplus of farmers.
E.Small farmers typically do not receive the subsidies that large farmers receive, cutting off their ability to enter the market and compete. These small farmers are often the poorest rural farmers in the United States. In these situations, what prevents the poor from flourishing is an inability to fairly produce and sell in the market. Daren Bakst, Heritage Foundation’s Senior Research Fellow on Agricultural Policy, cites U.S. Department of Agriculture data to show that “almost all of the farm subsidies go to large agricultural producers whose household income and wealth are extremely high, especially in comparison to U.S. households in general.” Manipulated markets only benefit the well-connected wealthy farmers who can lobby government offices

1. 
   The poorest farmers in the US
   
2. 
   Domestic sector consumers
   
3. 
   Cases resulting from subsidies
   
4. 
   Excess taxes
   
5. 
   Brian Riddle's opinion on the Impact of Agricultural Subsidies
   
6. 
   The Taxpayers under pressure