A Reason article describes the most immediate, realistic way for Americans to begin fighting global poverty -- fight domestic agra-tariffs.
...In a new report, Oxfam shows how the injustice of U.S. cotton subsidies contributes to poverty. "Cotton subsidies in the U.S.," it argues, "have been the single biggest force driving down world prices."
... "In an economic arrangement bizarrely reminiscent of Soviet state planning principles," Oxfam says, "the value of subsidies provided by American taxpayers to the cotton barons of Texas and elsewhere in 2001 exceeded the market value of output by around 30 per cent."
...In a report released earlier this year, Oxfam estimates that the combined burden of trade restrictions on developing countries is something like $100 billion a year, "inflicting enormous suffering on the world's poor." To put that loss in perspective, it's twice what these countries receive in foreign aid.
The insult to injury here is that the average American consumer is being hit with a double whammy:
- higher taxes to support the subsidy apparatus
- higher taxes to support foriegn aid schemes to many of the nations hurt by the subsidies in the first place
I have no idea how to begin to convice the ACC that this is the real solution to their ills. Unfortunately, groups like the ACC don't seem to recognize the equivalence of reducing subsidies which results in an indirect form of foriegn aid to these nations.