Posted by
zapdoodat on Tuesday, February 05, 2008 2:07:03 AM
Talk about sucking from the teat of the government sow!!
Cotton Subsidies by year, Texas
1995 $11,326,513
1996 $192,005,776
1997 $177,186,203
1998 $335,010,715
1999 $511,405,328
2000 $488,484,785
2001 $707,989,054
2002 $583,405,392
2003 $807,291,334
2004 $475,324,635
2005 $1,036,033,167
Total $5,325,462,901
That's five billion dollars!
Cotton subsidies skyrocketed under the Republican controlled Congress. Does this represent free markets or small government?
Does everybody know that most of the cotton grown in the USA is exported. Just look at the label on your clothes for that information. Guess what country is the number one importer of US cotton?
You got it. China.
The US taxpayer is subsidizing t-shirt manufacturing in China. Go Figure! Tom Delay’s district gets a lion’s share of the handouts. Great work, Tommy Boy!
Check out these figures for farm welfare handouts from www.mulchblog.com.
Cotton subsidies for Texas