$10B cost to run the program - to cover $20B in "farmers losses" - while making a $11B profit for the government
so the farmers pay $20B in premiums - the govt pays $10B to run the program - $20B is paid out to cover losses - and the govt claims a $11B profit looks like the taxpayers are getting soaked for $10B per year so the govt can claim they made a $10B profit what am I missing here? On Sun, Mar 23, 2025 at 8:54 PM Peteri Szerlagi <[email protected]> wrote: > > Risk Management - Crop Insurance at a Glance > > https://www.ers.usda.gov/topics/farm-practices-management/risk-management/crop-insurance-at-a-glance > > apparently the govt has been making money on crop insurance since 1990 > - but they force farmers to buy it - and they also pay $11B per year > to help farmers buy the insurance - which sounds really f'ed up -- You received this message because you are subscribed to the Google Groups "massfire" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion visit https://groups.google.com/d/msgid/massfire/CAFXWwKYMqTK2hHtUfacCCpVpNw%3Dkt-KjTt0uyA7%3Df1kHnPRXUA%40mail.gmail.com.
