A bankrupt policy. Trump shafts American consumers and does so again for 大豆
I had a draft post at the time of the last election I never published why farmers and ranchers routinely vote to have themselves shafted by voting for the GOP. Democrats typically have farm policies that actually benefit farmers, including preserving the lands. Republicans tend to be in favor of land rape to benefit the wealthy.
I really have no good explanation for it.
Well, no surprise, soybean farmers are getting pounded by Trump's tariff polich. D'uh.
Trump's trade battle with China puts US soybean farmers in peril
I love this quote from one soybean farmer:
“Overwhelmingly, farmers have been in President Trump’s corner,” said Ragland, the president of the soybean association. “And I think the message that our soybean farmers as a whole want to deliver is: ‘President Trump, we’ve had your back. We need you to have ours now.’”
Well, I'm a type of farmer, a livestock farmer, and frankly Ragland, screw you and the John Deere you rode in on. You are getting just what you deserve.
Trump bets the soybean farm on tariffs | Wall Street Journal
But, have no fear, socialized farming through the GOP will come to the rescue. Trump is going to take $10B from the national sales tax, i.e., tariffs, to bail out farmers.
So, the American consumer is getting taxed, as in the end it's us who pays the tariffs, to bail out soybean farmers.
Good old free enterprise at work there.
Farmers are getting stiffed by Trump's taxes, and will continue to get stiffed by them, and he hopes to balance the table by handing over money the American public handed over via tariffs.
A better plan would just be to let soybean farmers go bankrupt.
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