[p2p-research] Abundance Destroys Profit [was: Tick, tock, tick, tock… BING]

[J. Andrew Rogers]

On Mon, Dec 14, 2009 at 2:01 PM, Ryan Lanham <rlanham1963 at gmail.com> wrote:
> Farm subsidies by state:
> http://www.pbs.org/now/shows/310/farm-subsidies.html#here
> almost exactly equals the number of farms by state in the Midwest.  Corn and
> grain are heavily subsidized: http://www.infoplease.com/ipa/A0883513.html
>
> The economic impact in rural areas is vast...pretty much keeps most
> "fly-over" states going.


Nonsense. The subsidy amounts to ~5% of the economy in those states.
Not nothing, but hardly a life altering amount of money. Some bills
currently being argued in Congress will have a much bigger impact than
abolishing subsidies. Given that agriculture products are currently
generating record profits at rates larger than 5%, I think they'll
survive.


> Nevada is 35th in population--a little larger than the city of Houston..


Sure, Houston is one of the largest cities in the US.  The median
State population in the US is only 4 million and change.

At the same time, the Las Vegas metropolitan area has a larger
population than several New England states.  Maybe we should give Las
Vegas a few of New England's senators.


> 84% of the state is under federal control...the highest in the country.


The percentage is 87-88% currently -- many statistics only look at the
Federal agencies with major holdings. There are several odds and ends
that are not under State control that aren't always included. On top
of that Nevada has a few major bodies of water that are under State
control, which eats into the remainder.

Last I heard, the amount of land in Nevada that is available for
development to the State and private citizens is 9-10%.


-- 
J. Andrew Rogers
realityminer.blogspot.com