The man who led the U.S. through the farm crisis of the 1980s | GABEL
My favorite interview last week was 90-year-old
I have a keen interest in the farm crisis of the 1980s, which is not widely documented, and I have been collecting audio interviews with those who have tales to tell with lofty goals of writing about the era. The stories that mark the 80s on the nations farms and ranches run the gamut from farmers from southeastern
Stay up to speed: Sign up for daily opinion in your inbox Monday-Friday
While secretary, Block's son and father operated
Though Block was at the helm during that time primarily known for hardship, there are a number of major accomplishments that also mark his time as the head of the
Block said
Even members of Reagan's new cabinet, notably
Block said the embargo would have been lifted earlier had Reagan not been shot on
One of the major programs Block brought forward as part of the 1985 Farm Bill was good for dairymen, but bad for beef producers. At the time, there was an overabundance of dairy products languishing in warehouses and Block designed the Whole Herd Buyout to reduce dairy production at the ground level. Dairy producers were invited to exit the business for five years and their herd were exported or slaughtered and they were paid by the federal government. Large numbers of dairy producers participated and the program rolled out faster than expected, with 15,000 dairies participating. It leveled out the dairy products, but drowned the cattle market in beef. Block said
The Conservation Reserve Program (CRP) is administered by the
Block said the CRP program concept had been tossed around in the 1950s. but when the 1985 Farm Bill was discussed in 1984, he said many of his own staff questioned whether it could succeed. Its original iteration called for a three-year commitment to resting the land, while Block wanted a 15-year production stop. Block found the funding within the Farm Bill to pay producers 50% of the cost to landowners for installing conservation measures.
Block said he, just as every Ag secretary has and does to this day, struggled with public criticism of the huge


New Mexico counties say state owes them millions for incarceration costs
She searched for Geico’s number. Scammers got her money instead
Advisor News
- When new investment trends emerge, Gen Z is most likely generation to be first in
- Could ‘plain English’ become an advisor’s secret weapon?
- IRI urges Senate action on 403(b) parity legislation
- Three estate planning ideas to protect your clients and their wealth
- What advisors must know about accessible client documents
More Advisor NewsAnnuity News
- NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
- NAIC working group pressed to accelerate annuity illustration overhaul
- State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
- Wink: Annuity sales post strong Q2, led by MYGAs and structured products
- Legacy Marketing Group partners with Malibu Life USA for annuity launch
More Annuity NewsHealth/Employee Benefits News
Life Insurance News