Itās a fair point. Iām no business expert but soybeans are fungibleāif we tariff ourselves out of a market, that market will get soybeans somewhere else and is probably gone for a long time. If they trust Trumpās plan to work just as soon as we get over this little bump in the road theyāre fools.
Maybe Iām just a pessemist but it reads to me the farmers quoted would be happy to be persuaded to support this with, say, another zero on the price tag hinthint. I think the president is right no one will turn down money from the government, especially if those nonfarmers arenāt eligible.
Most of the welfare will go to a few corporate farms and will last only through early November. Or to put another way, this is another reward for Trump super rich donors and to the extent it helps anyone else, it is just until the next election.
But it belies the fact that most Trump voters, including those in the most government subsidized industry on the plsnet, American agriculture, are other than economic voters.
āā¦the administration should reverse course and end this incoherent policy.ā
The term āpolicyā is overused regarding this administration. The incoherent meanderings of a demented demagogue do not constitute policy.
To his credit, at least Bob Corker included the word āincoherent.ā
Thatās well understood but itās one thing to be a non-economic voter and itās another to see your own industry devastated for no good reason. Thatās a high price to pay to piss off the libs.
The tariff scheme is based on a concept that trade works the same way today as it did 50 years ago. Soybean and edible corn farmers feel the pressure as overseas markets just buy the goods from someplace else. This has a detrimental effect on the farmersā future prospects as these trading relationships grow stale.
There is a different dynamic with automobile manufacturing. Fifty years ago a car would be made in one factory from start finish on the assembly line. That is not the case today. Tariffs raise the price of the product each time it crosses a border. In some cases, this can be multiple times as different components are applied, some in Canada, others in the U.S., and others in Mexico.
One shared aspect highlighting the idiocy of these tariffs demonstrates the nature of the globalized economic world today. Trumpās simplistic view can inflict lasting damage across borders. Like the conditions that existed ten years ago, it can take years to climb out of hole thatās being dug.
Whenās the last time you saw a farmer turn down farm welfare money? They deserve it after all, theyāre white.
donāt all trade policies begin with tariff wars until you figure out what your policy is? what! only in trumpworld?
I have no snark for this today. Iām still rebuilding from the last time they broke the world economy.
Pure gum flappage. Collective action or meaningless indignation for the cameras?
Yeah, like this oneās a real mystery.
Fiddling while we burn, and markets are lost forever.
" But , But , Dumpy promised " .
Sen. Jerry Moran, R-Kan., said the proposal was raised a month ago when senators visited the White House for a broad discussion on trade. He said the lawmakers told the president āthat our farmers want markets, and not really a payment from government. And he said, āIām surprised, Iāve never heard of anybody who didnāt want a payment from government.āā
Thank you, Senator Moran, for giving your Dem opponent a lovely soundbite for his or her ads. All of the farmers I know would be insulted by someone saying that. Itās not that they donāt use USDA programs, but the idea that they would prefer a market. Or maybe they would prefer that their senator just not call them welfare queens quite as openly.
Automobile industry reporting earnings this AMā¦GM and Chrysler are tanking on poor guidence due to volatility in commodity pricesā¦guess the Don will cobble together a half assed fix for another thing he is breakingā¦ what will it take for Americans to demand an end to the Donās malfeasanceā¦clearly a man who cant get anything right.
Interesting interview on CNN. A South or North Dakota senator was brought on to discuss the latest Trump lie concerning the playmate payoff. The senator deflected the question saying in essence, the Trump lie is not a surprise, and he wanted to talk about tariffs. Berman pressed the lie point and got the same response. Berman then allowed the senator to issue his anti-tariff talking points. Finally, Berman finished with something to the effect; isnāt it sad when the presidentās lies are expected. Instead of signing off, the senator was compelled to say, I agree with you on that." The senators admission showed he knows (as all rational beings) that Trump is an idiot, and gave me hope that Muellerās findings may indeed lead to impeachment.
If itās even subject to a vote, how many of these objecting farm state Republicans will vote for it anyway?
Hmmm, maybe Oprah is qualified to run for president. āYOU get a subsidy, and YOU get a subsidy, andā¦ā
They nod with concern, but their votes never reflect that concern.
Sen. Ben Sasse, R-Neb., said the plan would spend billions on āgold crutches,ā adding, āAmericaās farmers donāt want to be paid to lose ā they want to win by feeding the world. This administrationās tariffs and bailouts arenāt going to make America great again, theyāre just going to make it 1929 again.ā
I seem to recall this guy making some rather loony statements in the past regarding females. I forgive him for one of those stupidities because this statement is true and shows a modicum of honor. Whether they really do refuse those checks remains to be seen.