In one statement…..It is Crap!
The Dear Supreme Leader has decided, in the past, that what the US needs is a good trade war to make everything okay for the future…..his trade wars and tariffs have hit our farmers the worst but not to worry the president has a plan to stop the bleeding of our farmers….a bailout!
SO now that it is in place how is it doing? Are our framers making out okay?
American farmers are struggling to find storage for crops that would usually be sold overseas, with some being forced to leave produce rotting in fields as a last resort, as the trade conflict between the US and China continues.
Farmers in some US states are being forced into plowing their crops under — effectively burying them under soil in fields — as there is not enough room to store them in storage facilities, and they are unable to sell their products thanks to Chinese tariffs, Reuters reported on Wednesday.
And the bailout?
Well $6 billion has been promised to our farmers to ease their pain and so far $838 million have been doled out….so things are better right?
Well let’s be honest……the plight of the American farmer still sucks!
President Donald Trump’s $12 billion bailout of farmers who had been hurt by his trade wars has been a massive bust politically — and a New York Times report has found that very little of it has gone to the struggling farmers who need it most.
According to the Times, the bailout program “has done little to cushion the blow” of the president’s trade wars, “with red tape and long waiting periods resulting in few payouts so far.”
In fact, the Times estimates, just $838 million of the $6 billion worth of bailout funds that have been authorized so far has been paid out.
Will the pain continue for the American farmer or will these tariff thingys do what they were promised to do?
My guess is the promises will not be met…..something that is a reoccurring trait of Trumpism.