Replies to post #16674 on The Rising Influence of Rising Affluence

[wow_happens28]

The farm bill's failure is a showcase of a fractious, polarized political system

Snippet:
The massive 600-page legislation flunked the first big test of whether Congress can sustain the bipartisan coalition undergirding one of America's 20 largest industries.

Since Congress first offered major support for agriculture during the Great Depression, farm assistance programs have faced a recurrent challenge in preserving political support.

The failure means that the Senate farm bill won't include the sorts of food stamp restrictions that helped sink the House proposal Friday

https://www.cnbc.com/2018/05/18/what-the-farm-bill-failure-means-for-the-gop-led-congress.html

[DewDiligence]

PEP/KO/PG—Barron’s disagrees with me and “wow_happens” (FWIW):

https://www.barrons.com/articles/why-coke-pepsico-and-p-g-look-like-bargains-1526688002