Agriculture disaster spending bill socializes risks while privatizing profits

The latest agriculture disaster spending bill provides further proof that despite all rhetoric, lawmakers are not concerned with helping farmers and ranchers protect themselves from risks they cannot manage on their own. Instead, it’s the latest instance of tapping the Treasury to socialize risks while privatizing profits. The result shovels more federal dollars to powerful interests who can – and should – do a better job of managing predictable risks in their chosen line of work.