Is there a word to describe not being able to find something on the web even though you remember encountering it recently?
Whatever it’s called it’s afflicted me because a week or so ago when I was drawing up my list of 10 quintessential Kiwi songs I came across a video of My Old Man’s An All Black which was one of the Howard Morrison Quartet’s classics but I haven’t been able to find it again.
I wanted to post it as a Saturday bonus for NZ Music Month but the best I could come up with was this background on it from NZ History online and this from NZ Folksong which has a recording of the first few lines.
Mr Edgar and his wife, Jan, have made several substantial philanthropic donations, notably to the New Zealand Olympic Committee, the Edgar Centre in Dunedin, the Edgar National Centre for Diabetes Research and Dunedin’s new stadium, which will be known as Forsyth Barr Stadium at University Plaza.
And from sport to farming – Ravensdown is offering shareholders in drought affected areas interest free, deferred payment terms on fertiliser purchases plust free technical advice.
When drought hits, fertiliser often comes out of budgets which means when it rains again pastures don’t get grow as well as they should.
This offer will enable farmers to keep up their fertiliser programmes without increasing their overdraughts.
The findings Anti-Dismal points to, indicate it doesn’t matter if they are real market prices or ones artificially inflated by subsidies.
However, if the impact of the removal of subsidies and the ag-sag which followed that is any indication, subsidies benefit those who depend on farmers too.
When subsidies were removed after the 1984 election, farmers were brought kicking and screaming into the real world and many feared there would be a mass exodus from farms. Farm values fell – adding credence to the view that product prices are reflected in land values – and some people were forced to sell, but most hunkered down and learned to stand on their own feet.
However, when the subsidies went, farmers’ incomes fell, they stopped spending and jobs were lost downstream. The worst effects weren’t felt by farmers but by the people who processed what they grew, worked for, contracted to, supplied and serviced them.
If the removal of subsidies hurt those downstream more than farmers, they must have benefitted from subsidies too.
Correction: * Paul Walker points out in a comment below that it was the farmer not the landowner who benefits most.
Since it’s now two days after I made the original post, I’ll address that in a new post.