I agree. I've done that once and it wasn't a very good thing
Bought a McMansion????
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I agree. I've done that once and it wasn't a very good thing
Hi TF,
Todays most efficient farmers are most likely those who use the greatest fuel to human labor ratio, because fuel is cheap. When that ratio no longer is viable, how exactly are you going to eat?
Economic theory is based on cheap energy, you have just shown a great weakness in that theory, assuming that 'most efficient' now will be 'most efficient' in a completely changed environment.
bye
TF,
You forgot to mention the real reason for most of the "poor farmers", that being drought.
Despite TC's excellent threads about his property and what happens there, the general population has no ideas of the risks in many farming operations, especially those in more marginal areas. The 'economic' reasoning would have us all believe that those who farm in marginal areas are poor farmers, because they have had poor crops for years now. Yet the same farmers were often very good farmers in times of plenty (ie rainfall).
bye
I rest my case, you really don't have a clue. You are trying to compare apples with cockroaches.
TF,
I rest my case, you really don't have a clue. You are trying to compare apples with cockroaches.
bye
Business is all about risk. There is no sound reason why a farmer farming marginal land (having paid less for that land than would be the case for more consistent holdings) should expect to receive taxpayer support when the predictable outcomes occur. The ability to prepare and manage your business through normal cyclical events is the difference between a good business person and not.
Barry's got a good head on his shoulders, we have high hopes for him and will probably be an engineer if he plays his cards right. .
You seem to know a bit about how it all works then? Were you Barry?
PPOR capital gains tax free is a prime example. An average rural town dweller retires with a 250k house CGT free. The average city dude ends up with a house worth 600k CGT free. You end up with wealthy city dwellers and multi million dollar CGT free Mcmansions. Total obscene waste of capital, but why wouldn't you? I'd get rid of that rule straight up, but that would go down like a fart in a lift on this forum.
.