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CED-81-11 1 (1980-10-10)

handle is hein.gao/gaobabbdj0001 and id is 1 raw text is: REPORT BY THE Comptroller General OF THE UNITED STATES An Assessment Of Parity As A Tool For Formulating And Evaluating Agricultural Policy Policymakers regard parity, a measure of the purchasing power of farm commodities, as a barometer of the economic health of agricul- ture. Although it is a useful barometer, it does not reflect total farm sector well-being. For many years, the trends in U.S. agriculture have been toward greater technological ad- vances, declining margins, declining numbers of farms, and increasingly larger farms. Al- though the Nattbn has generally benefited from these trends, recent studies have suggested that if the trends continue unabated, the secondary impacts may well be a loss of farm sector resil- iency, a decline in rural viability, a cutback in efforts to conserve our fertile soil, and less competition. Parity by itself is not a good indi- cator of these impacts. In addition to parity, the Congress and other 0 policymakers need a broader framework to use in developing, analyzing, and evaluating farm policies and programs. GAO recommends a= that the Secretary of Agriculture develop a comprehensive and systematic framework for the use of policymakers in formulating and evaluating various policy options for U.S. agriculture. \ ' ST Z 113571 ZED-81-11 OCTOBER 10, 1980 3 &7 (

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