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Friday, February 8, 2013

Cheating Cheaters of Cheatery: The Amazing Story of Brazil's Cotton War with the US

Cheating Cheaters of Cheatery: The Amazing Story of Brazil's Cotton War with the US Video Clips. Duration : 3.42 Mins.


Are you ready for a Nerdy Valentines Day? bit.ly Pizza Shirt: dftba.com Planet Money: dft.ba In which John Green discusses the insane story of how the United States of America ended up subsidizing the cotton industry in Brazil so that America could continue its own illegal subsidies of its cotton farmers. This year and every year until we end our illegal cotton subsidies, the US federal government will pay 7 million of American tax dollars to Brazilian cotton farmers to make up for our illegal subsidies, which amount to more than billion most years. There's no question that American cotton subsidies create jobs, but there's ample evidence that the same billion could be used to create MORE jobs, either through more efficient direct government stimulus or through just not spending that billion and allowing private industry to create jobs with that 3 billion in capital. This is (one of the reasons) why economists generally hate industry-specific subsidies. HERE ARE A LOT OF LINKS TO NERDFIGHTASTIC THINGS: Shirts and Stuff: dftba.com Hank's Music: dftba.com John's Books: amzn.to ====================== Hank's Twitter: www.twitter.com Hank's Facebook: www.facebook.com Hank's tumblr: edwardspoonhands.tumblr.com John's Twitter www.twitter.com John's Facebook: www.facebook.com John's tumblr: fishingboatproceeds.tumblr.com ====================== Other Channels Crash Course www.youtube.com SciShow: www.youtube.com Gaming: www.youtube.com VidCon: www.youtube.com Hank's ...

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