Gen X at 40

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Sean Liddle -

IMHO, it is correct to bail out an entity with tax revenue when it benefits the nation or at least a significant segment of the nation. Keeping a few thousand people employed in a large center benefits the entire municipality. Keeping afloat an outdated industry that produces something with no future (tobacco for example) benefits only a few and only in the short term. Providing loans to change to a new industry or for research and innovation before a downfall of such makes more sense than just throwing money at a sinking ship.

When it comes to farming, my issue is that they have crop insurance etc. and they benefit quite handily when the demand and prices are high, but when they are not, we are expected to fund them. Also comes to mind the issue of groups like the Lanark Landowner folks. They are happy to accept bailouts but reluctant to follow the rules of the land with respect to environmental protection. Almost like we need some sort of new deal with agriculture.

HOWEVER, that being said, buying out pork farmers is a good investment. It is a dying industry because the market is flooded with pig. Giving farmers an opportunity to get out now with dignity and a few bucks in their pocket might be the incentive to start growing or raising something with more of a future. Problem is farmers, mainly the older ones, are too proud to admit defeat and accept the money.

Chris Taylor -

There is a simple solution. Wild boar bacon. Tastes ten times as good as the pig variety. And is in relatively short supply.

That said you can never have too much bacon. How can the market be flooded if there aren't street-cart vendors of bacon and pulled pork sandwiches lining the streets?

Alan -

I've been happily loading up on 2 and 3 dollar pork tenderloins. This is a really odd situation as I had the occassion just last fall on discussing the world pork supply with a guy who owned a chain of US BBQ joints and he was saying that the market was tight due to Chinese demand as well as the increase of respect for the pulled pork sandwich. That being said, if these low prices hold and the weather for the weekend pans out, I am smoking and BBQing all Saturday.

sean liddle -

I have loaded up on $0.50 1/2 lb packages of bacon these past few weeks at Food Basics. Maybe in the winter I'll roll it up into a big log o' bacon and roast it. Pork is embarrassingly cheap of late. I bought a HUGE pork tenderloin roast for $10 that fed all six of us for two dinners and many many lunches.

Chris Taylor -

So it is resolved, then? Corporate welfare is bad unless it results in literal, edible pork. The unedible kind that results in delaying the fiscally inevitable is still bad though.

Ben (The Tiger) -

So can we call this pork barrel spending? Government pork?

sean liddle -

When you wake up in the morning, what's the first thing you say to yourself?

What's for breakfast? What do you say, Piglet?

I say, I wonder what's going to happen exciting today? said Piglet.

Pooh nodded thoughtfully.

It's the same thing, he said.

A.A. Milne