Quote by John Fitzgerald Kennedy
The farmer is the only man in our economy who buys everything at retail, sells everything at wholesale, and pays the freight both ways.
Summary
This quote highlights the unique position of farmers in the economy. Unlike other professions, farmers have to purchase all their inputs and resources at retail prices, while the products they cultivate are typically sold at wholesale rates. Additionally, farmers are responsible for bearing the costs of transportation for their goods, both when bringing in supplies and when sending their produce to market. This emphasizes the challenge and economic imbalance that farmers face, as they endure the burden of both higher expenses and lower selling prices for their labor and products.
Topics
Farming
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