Trump Announces $16 Billion in Aid for Farmers Hit by Trade War: Flanked by more than a dozen U.S. farmers - some in bright red MAGA hats - President Donald Trump announced a $16 billion farm aid bailout, designed to offset losses from his trade war with China.
Now, if I’m understanding this correctly, President Trump is portraying himself as a hero for offering agribusiness conglomerates a $16 billion taxpayer bailout - for a problem HE created? Wow, now that’s what I call some serious PR skills!
The thing is, if one didn’t know any better, one might mistakenly get the impression that all this smells a helluva lot like some slick politician, trying to purchase votes to compensate for his utterly incompetent trade policies.
And, not to sound skeptical, but what do you suppose are the odds that the bulk of this $16 billion bailout will ultimately find it’s way right into in the coffers of huge mega-corporations like Monsanto, Cargill, DowDuPont and Tyson?
On the other hand, I’m sure that if this ugly trade war ends up hitting these “farmers” too hard, Trump will once again rush to their aid and generously offer them jobs - perhaps as groundskeepers at Trump Resorts or Golf Clubs.
Because, as we all know, there’s nothing a slick New York developer who lives in a high-rise penthouse with gold toilets respects more, than someone who makes their living “working in the dirt.”