EU Proposal: Shift Farming Subsidies To Science

smitty777 writes "There is a proposal in the EU budget which would provide a 45% increase in technology and innovation spending for the 2014-2020 time period. Interestingly, some of the increase from $79B to $114B would come from the controversial farm subsidies program, the Common Agricultural Policy. The article states ... 'While some scientists and observers feel optimistic that the proposal will pass, one stated that "it is extremely unlikely that the member states will agree to anything exceeding this, so we should regard it as a ceiling" on the eventual research budget.'"

America should do the same

[WindBourne]

Seriously, far far better to spend money on R&D rather than providing subsidies that push planting corn, while having other subsidies that says to take fields out of production. Makes zero sense. We would be better doing the R&D and then keeping the companies local rather than selling them to Chinese companies (that makes ZERO sense).