"(US)... spending $3 billion or $4 billion a year in taxpayer money to grow cotton worth less than t

May 9, 2015

"(US)... spending $3 billion or $4 billion a year in taxpayer money to grow cotton worth less than that and selling its mounting surpluses at an even greater loss?... No other crop is subsidized to such an outrageous degree, enriching so few at a cost so high to millions elsewhere. America's cotton subsidies, mind you, exceed the gross domestic product of Burkina Faso."

 

Source: "Harvesting Poverty: The Long Reach of King Cotton," New York Times, August 5, 2003. http://www.nytimes.com/2003/08/05/opinion/harvesting-poverty-the-long-re... (Verified 4/18/14 RDG)

Please reload