Farmers had already prepared for extreme weather events by purchasing more and more crop insurance in recent years. So when a historic drought hit this summer, many crop producers had the ability to handle it, although livestock producers seeing a spike in their feed costs still face major challenges. But the insurance industry will take a massive hit from crop insurance payouts, much of it reimbursed by the government, and that could rebound back to the economy.
|By: David Dayen Monday August 27, 2012 2:45 pm|
|By: David Dayen Wednesday September 1, 2010 7:00 am|
As we get deeper into the electoral cycle and things get more polarized, it should come as no surprise that attitudes have become more polarized on health care.