Thought For The Day - 9 November 2016

Well, now we know the unvarnished truth: middle America, God's country, is unrepentantly white supremacist. While they live fat and happy on their $14 billion (and climbing) farm subsidies. And, I suppose, King Donald of Orange will bray about his "mandate", denying the simple fact he got fewer votes than Clinton. The wonders of gerrymandering and the Electoral College.

"The Economist" says it's even higher:

American farm subsidies are egregiously expensive, harvesting $20 billion a year from taxpayers' pockets. Most of the money goes to big, rich farmers producing staple commodities such as corn and soyabeans in states such as Iowa.

I guess it might be even more profitable if slavery could be re-instated. Don't laugh, the re-education camps will be opening soon. All of the intellectual elites on the coasts will be required to report.

What's amusing, in an "I told you so" mood is that healthcare provider stocks are in the tank on the basis that Obamacare might go away: lower volume will drive up average cost, and lower volume some more since even the blessed insured will find themselves priced out; rinse and repeat.