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Majority of Trump's Trade Aid Went to Biggest Farms, Study Finds
Hat tip, commenter "bkmn" at Joe.My.God:
Capitol Police Investigate After Dem House Rep Says Resignation Letter “Confessing” To An Affair Is A Fake
July 30, 2019
....
bkmn • 39 minutes ago
o/t - guess who buttered Trump's toast? Big Ag.
July 30, 2019
....
bkmn • 39 minutes ago
o/t - guess who buttered Trump's toast? Big Ag.
Bloomberg: More than half of the Trump administration’s trade-war aid for farmers went to just one-tenth of the recipients in the program.
Link to tweet
Economics
Majority of Trump’s Trade Aid Went to Biggest Farms, Study Finds
By Mike Dorning
July 30, 2019, 6:00 AM EDT Updated on July 30, 2019, 10:58 AM EDT
• 54% of the aid payments went to just one-tenth of recipients
• President approved new $16 billion round of trade aid for 2019
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
More than half of the Trump administration’s trade-war aid for farmers went to just one-tenth of the recipients in the program, according to an analysis of payments by an environmental organization.
Eighty-two farming operations received more than $500,000 each in payments through April under the U.S. Agriculture Department’s Market Facilitation Program, according to the Environmental Working Group, which analyzed payment records it obtained through the Freedom of Information Act covering $8.4 billion in payments.
One farm, DeLine Farm Partnership of Charleston, Missouri, has so far received $2.8 million in trade aid payments, according to the analysis.
....
Majority of Trump’s Trade Aid Went to Biggest Farms, Study Finds
By Mike Dorning
July 30, 2019, 6:00 AM EDT Updated on July 30, 2019, 10:58 AM EDT
• 54% of the aid payments went to just one-tenth of recipients
• President approved new $16 billion round of trade aid for 2019
Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here.
More than half of the Trump administration’s trade-war aid for farmers went to just one-tenth of the recipients in the program, according to an analysis of payments by an environmental organization.
Eighty-two farming operations received more than $500,000 each in payments through April under the U.S. Agriculture Department’s Market Facilitation Program, according to the Environmental Working Group, which analyzed payment records it obtained through the Freedom of Information Act covering $8.4 billion in payments.
One farm, DeLine Farm Partnership of Charleston, Missouri, has so far received $2.8 million in trade aid payments, according to the analysis.
....