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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump says his farm bailout 'would not be possible without tariffs.' His critics agree.
President Trump announced a $12 billion farm aid package on Monday, money the president said "would not be possible without tariffs."
"We're giving some up to the farmers because they were mistreated by other countries," Trump said.
But some farmers and economists were quick to note that the problems facing farmers and the mistreatment they have endured are primarily a direct consequence of Trump's own tariff actions.
"It seems to be going in a circle to raise tariffs, which causes our customers to raise tariffs, which causes us to lose money, which means we need money," Blake Hurst, a farmer and former president of the Missouri Farm Bureau, said in an interview with Yahoo Finance.
https://finance.yahoo.com/news/trump-says-his-farm-bailout-would-not-be-possible-without-tariffs-his-critics-agree-175959597.html
Too dumb to get the self-own.
rsdsharp
(12,004 posts)And I use necessary in its loosest possible sense.
ms liberty
(11,237 posts)Ocelot II
(130,538 posts)Scrivener7
(59,522 posts)Frasier Balzov
(5,062 posts)And that's a good thing.
Otherwise it would need to be clawed back from those farmers when the tariffs are ruled unconstitutional.
gulliver
(13,985 posts)There are effectively monopolies in seed, herbicide, and equipment suppliers. Farmers are squeezed at both ends, as buyers and as sellers.
Yet another reason Democrats need to refocus, get strong again in our core issues, ignore all the stupid issues, and win elections.
Norrrm
(5,059 posts)