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Cake day: June 14th, 2023

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  • $30 per quarter pound

    The second sentence of the article gives $30 as the unsubsidized price of one pound of hamburger meat, not 1/4 pound. You have to read it more carefully if you want to get into the details.

    Setting aside the details for a minute, how would a subsidy of only pennies on the dollar even be plausible? One purpose of agricultural subsidies is to stabilize prices; pennies on the dollar can’t do that.