Saturday, January 17, 2009

EU to continue wrecking global dairy trade

It's hardly surprising, but that great wrecker of efficient agriculture, the European Union, has decided to restart subsidising dairy product exports. It also is refusing to reform subsidies in agriculture until 2013.

Not only does this mean ripping off European taxpayers to benefit the inefficient inferior producers of dairy products in the EU (ones that have a higher carbon footprint that those in New Zealand), but also dumping taxpayer subsidised products in other markets the EU has access to - when it restricts its competitors to the local market.

Don't expect leftwing activists to talk about European economic imperialism, don't expect them to call for an end to export subsidies in agriculture. No. The Bush Administration did call for this, made it the deal it was willing to strike with Europe at the WTO, but the wealth destroying French said no. You see you can talk about poverty and how sad it is that poorer countries find it difficult to trade out of poverty, but what the EU actually does is shit over the world in terms of agricultural trade.

A better move would be to slash subsidies and open markets, to help stimulate trade and use the recession as a chance to send a signal that inefficient farmers that don't produce what people are prepared to pay for should go to the wall.

No - other businesses and individuals struggling in the EU can go to hell, efficient farmers elsewhere in the world can go to hell - the politicians and mandarins in Brussels have said so.

Sadly the MEP elections later this year will only provide a small outlet to vent my anger at these scum - after all, with Bush almost gone, the likelihood that the Obama Administration - given the man's explicit support for higher agricultural subsidies - will pressure the world on trade - is not great.

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