Government Support for Farmers

July 11 2000

Adopt this proposal and U.S. farmers will be able to "sell their commodities in every comer of the earth without being undercut by subsidized competition or blocked by high tariffs." -- the words of U.S. Secretary of Agriculture Dan Glickman. The proposal was formally presented to the World Trade Organization the last day of June.

The plan would set a ceiling on government support for farmers and phase down over time. The objective is to systematically wean farmers from government support…

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Federal Budget Surplus

July 4 2000

President Clinton has been making a big thing out ofthe bulging budget surplus. Vice President Gore has been trying to take credit for the surging economy. Members of Congress are talking about the windfall. It's like we just won the lottery. This is terrific. And after all of those years of budget deficits. But if indeed the federal government is going to have 4.2 trillion dollars more than needed to meet our obligation over the next 10 years, what should be done with the money?

That's the…

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