Trump Announces $16 Billion in Aid for Farmers Hit by Trade War

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.”

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Comment by koshersalaami on May 23, 2019 at 10:50pm

This would actually make sense if it weren’t for the damned near inevitable fact that the primary recipients of that 16 billion will be major donating corporations. As strange as it may seem, the tariffs aren’t nearly as stupid as they look. If I were President I’d be looking at tariffs very hard. We are a country that has a mostly open market trading with a country that does not have one, meaning we have wildly asymmetrical access to each other’s markets, an asymmetry that leaves us at a distinct disadvantage. We account for nearly 20% of China’s exports. China accounts for well under half of the dollar amount of our exports than Canada does, a country with a population and an economy that are both smaller than California’s. Disruption of trade is way more expensive to China than to us. Not just access problems but a lack of respect for our intellectual property in areas such as protecting patents and an insistence that any factories build in China must have heavy Chinese ownership and technology must be transferred from the United States to China, giving them the eventually ability to outcompete us with our own technology because of their far lower labor rates. 

Comment by Johnny Robish on May 23, 2019 at 11:30pm

Believe it or not, I don't agree with anything you're saying.  I'm just commenting on Trump making himself a hero for something he caused.  That sai, I think both China as well as quite a few other countries need to be confronted about their "fair trade" policies. 

Comment by koshersalaami on May 24, 2019 at 5:10am

Given the context, do you mean you don’t agree with anything I’m saying or don’t disagree with anything I’m saying?

Comment by Johnny Robish on May 24, 2019 at 8:01am

It's yet another typo of mine Kosh.  I meant "I don't disagree."  (lol)

Comment by koshersalaami on May 24, 2019 at 12:44pm

I figured 


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