>What does it matter how they give it? $38B is still only $100 per person. Are you saying they give more than $38B?
This is a fundamental misunderstanding of how supply and demand work. The money is not given directly to people so making it per Capita is an intellectually dishonest red herring.
$38bn creates an unknown amount of incremental supply of beef (since it is given to farmers). It does not lower aggregate beef prices by $38bn, it increases the effort dedicated to beef production by $38bn (even then, that's still a 25% subsidy relative to the entire market, you can't just make things per Capita to make them seem like a small number without context).
The increased supply form that new effort then interacts with demand. Both of those curves have slopes, so the interaction is much more complex than you're making it out to be.
This is a fundamental misunderstanding of how supply and demand work. The money is not given directly to people so making it per Capita is an intellectually dishonest red herring.
$38bn creates an unknown amount of incremental supply of beef (since it is given to farmers). It does not lower aggregate beef prices by $38bn, it increases the effort dedicated to beef production by $38bn (even then, that's still a 25% subsidy relative to the entire market, you can't just make things per Capita to make them seem like a small number without context).
The increased supply form that new effort then interacts with demand. Both of those curves have slopes, so the interaction is much more complex than you're making it out to be.