From this article in todays Times
“PRESIDENT BUSH yesterday challenged EU leaders to scrap massive subsidies paid to their farmers, saying free trade with Africa would eliminate the need for Third World aid.
Mr Bush, on the eve of the G8 summit in Gleneagles, said that Europe paid “tremendous” agricultural subsidies, and that the US was ready to drop its own payouts to American farmers if Europe had the courage to do the same.”
I think this is a fantastic idea, and for once find myself supporting George W., whar are the chances of this actually occuring? Will the US Congress and voters support such an idea?
I don’t have any personal experience of US politics other than that which I saw during the elections, so i have no idea how protectionist people might be towards subsidies in the US. As far as European politics is concerned I suspect that the French particularly and then Germany will do as much as possible to sabotage any moves to get rid of subsidies as they are the highest recipients of this kind of aid.
What doe others here think? Good idea, bad, or unworkable?