National News
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Most Americans Favor Mitigation Policies While Opposing Subsidies for High Risks
National News • August 31, 2006
Most Americans favor public policies that could help to mitigate the damage caused by catastrophic natural disasters before they happen, but many Americans remain unprepared for a disaster in ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Easier said than done | GB | Aug 31, 2006, 2:05 pm |
| Subsidies | Katrina | Aug 31, 2006, 1:19 pm |
| Back to article | ||
Subject: Easier said than done
Think about farm subsidies. Classic example. Benefits are concentrated and costs are diffused. The small number beneficiaries care a lot and the much much larger number of payers care less. They oppose the policy in the abstract but don't do anything about it.
Don't look for farm subsidies or flood subsidies to go away.