Trump wants another $16 billion to bail out farmers he's bankrupting

[turbinetree]

By Dan Desai Martin -
May 23, 2019

The cost of Trump's disastrous trade war keeps going up, and taxpayers are paying the price.

Trump's costly trade war with China just got more expensive. Now he's planning to force taxpayers to spend another $16 billion to bail out farmers his policies are bankrupting.

On Thursday, Agriculture Secretary Sonny Purdue announced the new $16 billion bailout fund, which is in addition to a $12 billion bailout for farmers the Trump administration approved last year.

Because of Trump's failed trade war with China, farmers are seeing bankruptcies skyrocket, hitting the highest rates in a decade. Farmers are losing access to markets in China, one of America's largest trading partners, as Trump continues to escalate the trade war.

When it comes to bailing out farmers for Trump's bad decision-making, Purdue lied about where the money is coming from. On Thursday morning, Purdue falsely claimed "China's gonna pay for these" through tariffs imposed by Trump.

https://shareblue.com/trump-trade-war-16-billion-farmers-bankrupt/

And the farmers in this article, did you vote for this asshole......................if you say yes, then maybe you should have read the books out on how this asshole "bankrupted" mom and pop operations in New Jersey, Florida and elsewhere.......................he is now at 28 billion in tax dollars through his fucking shell and pea game.........how do like his winning bullshit.............

November 3, 2020 cannot get here fast enough..................

[Chin music]

1. NOPE.

You guys don't get insured by the American Govt year after year. No other business gets to have losses repaid like that. There is no reason to be having these tariffs. If you need insurance, buy it, like we all have too. Especially crop insurance etc.
You asked for it. And you got it. Not Our problem.

[sarabelle]

6. If only you had a megaphone.

Other businesses ought to be outraged and marching in the streets. Soybeans! What about the family farmers that grow real food?

What about the farmers that have real farming issues that are being neglected.

[Chin music]

7. ANY business. It's YOUR baby. Isn't that like a code of capitalism thing?

Selective bailouts are eyebrow raising. This isn't the first time. Sorry they have bad times, but, wtf? Make better choices by now?

[Blue_true]

11. Exactly. No business person outside of farmers get their risk

of loss covered and on top of that, get to income average on tax returns to smooth out income streams.

[Chin music]

12. You know what I mean I think.

But yes, if that line item you describe equals 16 billion dollars, end of the day, to one group of folks, it needs to be looked at hard too.

[Blue_true]

13. I was wrong, oil companies get a lot of risk mitigated by taxpayers.

As does banks. So farmers are not alone in the handout line.

[Chin music]

14. I think my point above somewhere was, that rank and file Americans DON"T get the same breaks.

And a block grant every season bc of trumps bad decision on tariffs isnt fair. I see where you are going, but, it's paying off the votes. Including whom you describe.

[walkingman]

2. Hell NO - Farmer Welfare!

[Shrike47]

3. Absolutely not. They wanted him, they got him, they live with it.

[Chin music]

4. Elections have consequences.

Tough love to get them in recovery. Get them off the 'gop'. Tough loving them to stop voting against the real people who pony up, to pay their bills. and do the right thing re. our country. Unfortunate.
Add..Tis the season for interventions...gop ones, primarily.

[Takket]

5. tell him to take it out of the 50 billion increase he gave the military this year...............

[Chin music]

8. Wow. Too bad that doesn't show up in huge increases in soldier pay, and healthcare quality.

They pit Americans against each other over Defense, while raiding the coffers infinitely. Now it seems there's some entitlement thing going on where, no ask is too big.
ALL of us matter, not just the miltary industrial complex'es wants and desires. Remember the F-35.

[Takket]

9. yeah they overfund the military on purpose........

to line the pockets of crony contractors. actual military families don't see that....

but if you DARE to oppose how much money the military gets they draw a straight line: Oppose funding = hate military = hate America

[Chin music]

10. Glad you said it and not me.

It's exactly correct and it's pretty effective, and diabolical. If we could stop the influx of so much money, every inititative Americans ever dreamt of could come true. No more fighting....w each other. Satiated Americans.