One Political PlazaSM - Home of politics
Farm aid from Trump’s trade war has cost more than double the 2009 auto bailout
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
Page: 1 2 3 4 5 6 ... 9 next>>
Dec 3, 2019 11:17:18   #
Barracuda2020
 
Farmer subsidies from the Trump administration aimed at mitigating the effects of the U.S.-China trade war have reached $28 billion, about double the amount of money shelled out in the government bailout of Detroit automakers in 2009, Bloomberg reports.

Why it matters: Trump's bailout still doesn't cover all of the farmers' losses. The government has provided $973 million in aid to Iowa farmers during a trade war that is estimated to have cost them $1.7 billion in losses, according to Iowa State University researchers cited by Bloomberg.

The big picture: The farmers' losses are just another data point underscoring the negative effects that the trade war has had on Americans. It has led to bigger trade deficits with China, dented consumer sentiment and is weighing down the global economy, according to the International Monetary Fund.

Now the tariffs on the US has expanded to India, Mexica, Brazil, etc.

So what are the sign here, Trump isn't expanding our growth, he's expanding our debt. Do we need to brace ourselves for another Republican recession?

| Reply
Dec 3, 2019 11:29:39   #
Hug
 
Barracuda2020 wrote:
Farmer subsidies from the Trump administration aimed at mitigating the effects of the U.S.-China trade war have reached $28 billion, about double the amount of money shelled out in the government bailout of Detroit automakers in 2009, Bloomberg reports.

Why it matters: Trump's bailout still doesn't cover all of the farmers' losses. The government has provided $973 million in aid to Iowa farmers during a trade war that is estimated to have cost them $1.7 billion in losses, according to Iowa State University researchers cited by Bloomberg.

The big picture: The farmers' losses are just another data point underscoring the negative effects that the trade war has had on Americans. It has led to bigger trade deficits with China, dented consumer sentiment and is weighing down the global economy, according to the International Monetary Fund.

Now the tariffs on the US has expanded to India, Mexica, Brazil, etc.

So what are the sign here, Trump isn't expanding our growth, he's expanding our debt. Do we need to brace ourselves for another Republican recession?
Farmer subsidies from the Trump administration aim... (show quote)


Barracuda, are you a farmer?

| Reply
Dec 3, 2019 11:38:39   #
Carol Kelly
 
Barracuda2020 wrote:
Farmer subsidies from the Trump administration aimed at mitigating the effects of the U.S.-China trade war have reached $28 billion, about double the amount of money shelled out in the government bailout of Detroit automakers in 2009, Bloomberg reports.

Why it matters: Trump's bailout still doesn't cover all of the farmers' losses. The government has provided $973 million in aid to Iowa farmers during a trade war that is estimated to have cost them $1.7 billion in losses, according to Iowa State University researchers cited by Bloomberg.

The big picture: The farmers' losses are just another data point underscoring the negative effects that the trade war has had on Americans. It has led to bigger trade deficits with China, dented consumer sentiment and is weighing down the global economy, according to the International Monetary Fund.

Now the tariffs on the US has expanded to India, Mexica, Brazil, etc.

So what are the sign here, Trump isn't expanding our growth, he's expanding our debt. Do we need to brace ourselves for another Republican recession?
Farmer subsidies from the Trump administration aim... (show quote)


Quite simply, NO!

| Reply
Dec 3, 2019 11:49:50   #
useful mattoid 45
 
Carol Kelly wrote:
Quite simply, NO!


Hear no evil, see no evil, the two monkeys have responded.

| Reply
Dec 3, 2019 11:53:22   #
Seth
 
Carol Kelly wrote:
Quite simply, NO!


Yeah, yeah, we already know that no matter what Trump does from fiscal policy to the way he knots his tie, the left will find some way to criticize or villify it.

We're all accustomed to the picayune, persnickety, babyish moronics from the left wing numbnut gallery over this great president's every move, and so is the rest of the American voting public, as you'll learn, much to your chagrin, eleven months from today.

| Reply
Dec 3, 2019 12:22:43   #
Mike Papa
 
Let us know when he gets to $6 Trillion

| Reply
Dec 3, 2019 12:27:48   #
Peewee Loc: San Antonio, TX
 
Seth wrote:
Yeah, yeah, we already know that no matter what Trump does from fiscal policy to the way he knots his tie, the left will find some way to criticize or villify it.

We're all accustomed to the picayune, persnickety, babyish moronics from the left wing numbnut gallery over this great president's every move, and so is the rest of the American voting public, as you'll learn, much to your chagrin, eleven months from today.
Yeah, yeah, we already know that no matter what Tr... (show quote)


They're just mad because they always said they are smarter and are the real majority and Trump has shown it just ain't so. Nobody likes you, not even half of Independents. The only people who like them are paid to like them or are in on the theft of public funds, I mean gravy train.

| Reply
Dec 3, 2019 12:37:25   #
Seth
 
Mike Papa wrote:
Let us know when he gets to $6 Trillion



| Reply
Dec 3, 2019 12:38:10   #
Seth
 
Peewee wrote:
They're just mad because they always said they are smarter and are the real majority and Trump has shown it just ain't so. Nobody likes you, not even half of Independents. The only people who like them are paid to like them or are in on the theft of public funds, I mean gravy train.


That pretty much covers it.

| Reply
Dec 3, 2019 13:03:18   #
4430 Loc: Little Egypt ** Southern Illinory
 
Barracuda2020 wrote:


Why it matters: Trump's bailout still doesn't cover all of the farmers' losses.


Farm bailouts has never been meant to cover all farmers losses !

Why are you crying for China they've been screwing us of decades with both parties why are you so concerned about it now ?

O I C it's all about Trump being a Man with Balls and Backbone and taking a stand for what is right and pushing back against unfair trade practices and that's something people like you just can't stand you all prefer the limp wrist Obama types who will give away America lock stock and barrel !

| Reply
Dec 3, 2019 13:28:18   #
ExperienceCounts
 
Barracuda2020 wrote:
Farmer subsidies from the Trump administration aimed at mitigating the effects of the U.S.-China trade war have reached $28 billion, about double the amount of money shelled out in the government bailout of Detroit automakers in 2009, Bloomberg reports.

Why it matters: Trump's bailout still doesn't cover all of the farmers' losses. The government has provided $973 million in aid to Iowa farmers during a trade war that is estimated to have cost them $1.7 billion in losses, according to Iowa State University researchers cited by Bloomberg.

The big picture: The farmers' losses are just another data point underscoring the negative effects that the trade war has had on Americans. It has led to bigger trade deficits with China, dented consumer sentiment and is weighing down the global economy, according to the International Monetary Fund.

Now the tariffs on the US have expanded to India, Mexica, Brazil, etc.

So what are the sign here, Trump isn't expanding our growth, he's expanding our debt? Do we need to brace ourselves for another Republican recession?
Farmer subsidies from the Trump administration aim... (show quote)


Just wondering, are these small family farms or corporate farms?

I knew a small farmer who could not plant corn for cows. He said that if he were to plant it, the government would collect "fines" and plow the corn under in the fields. There are quotas to plant certain crops and he wasn't allowed to plant corn. He said that corporate farms collect money for not planting some crops to keep the prices of the sold crops up. He did not have the acreage to qualify for this perk. This occurred years before President Trump was elected.

| Reply
Dec 3, 2019 14:33:19   #
Peewee Loc: San Antonio, TX
 
4430 wrote:
Farm bailouts has never been meant to cover all farmers losses !

Why are you crying for China they've been screwing us of decades with both parties why are you so concerned about it now ?

O I C it's all about Trump being a Man with Balls and Backbone and taking a stand for what is right and pushing back against unfair trade practices and that's something people like you just can't stand you all prefer the limp wrist Obama types who will give away America lock stock and barrel !


Question? Could a farmer survive today if he ran his farm the way he wanted to and told the government to take a hike with their mandates and crop insurance?

| Reply
Dec 3, 2019 16:02:29   #
Barracuda2020
 
Hug wrote:
Barracuda, are you a farmer?


What does that matter? Who do you think pays for bailouts and subsidies...us, Trump is climbing our debt up like a dog in heat, he likes to relate with dogs all the time, that one is him, lol. hat do we have to show for it, what improvements have there been? Where's the money gone to?

| Reply
Dec 3, 2019 16:03:50   #
Barracuda2020
 
useful mattoid 45 wrote:
Hear no evil, see no evil, the two monkeys have responded.



| Reply
Dec 3, 2019 16:09:55   #
Barracuda2020
 
Seth wrote:
Yeah, yeah, we already know that no matter what Trump does from fiscal policy to the way he knots his tie, the left will find some way to criticize or villify it.

We're all accustomed to the picayune, persnickety, babyish moronics from the left wing numbnut gallery over this great president's every move, and so is the rest of the American voting public, as you'll learn, much to your chagrin, eleven months from today.
Yeah, yeah, we already know that no matter what Tr... (show quote)


Apparently it hasn't sunken in yet, let me clarify for you, since Trump's tariffs... got that so far, our farm aid has Doubled the auto bailout. Now let that sink in and perk for a little while before you throw back a foolish comment. Let's also notice the bailouts are when republicans are in office. Growth and expansion under democratic,hmmm.

| Reply
Page: 1 2 3 4 5 6 ... 9 next>>
If you want to reply, then register here. Registration is free and your account is created instantly, so you can post right away.
OnePoliticalPlaza.com - Forum
Copyright 2012-2019 IDF International Technologies, Inc.