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Trump's $16 billion farm bailout means you're paying for his tariff war twice


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What a fuckin dumb ass.....what’s more amazing is most here support this buffoons mistakes every one of them.....

 

Trump's $16 billion farm bailout means you're paying for his tariff war twice

We’ll say this for President Trump: When he misunderstands something, he misunderstands it more than anyone else in creation. 

Take the business of tariffs. Trump is unshakably convinced that his tariffs are a tax on China. He repeated this grossly erroneous claim just Thursday, during his announcement of a new $16 billion bailout for farmers harmed by, yes, his tariff war. 

“Just so you understand,” he said, “these tariffs are paid for largely by China. A lot of people like to say by ‘us.’ ” 

Well, the people who say that are economists and other experts who have done the math, and found that the tariffs Trump has imposed on imports from China cost American consumers $68.8 billion last year, though some of that spending got funneled back to some domestic producers in the form of higher prices (which their customers, of course, paid). 

But our main topic here is that $16 billion bailout, and what it says about who pays for Trump’s trade war and how much. The newly announced bailout comes on top of $12 billion in emergency farm aid he announced last year, aimed heavily at soybean farmers whose exports to China have fallen to zero, thanks to the trade war. 

As Jordan Weissmann observes in Slate, the $28 billion total is “about what the U.S. spent last school year on Pell grants for college students.” That raises doubts about Trump’s priorities. 


https://www.msn.com/en-us/money/markets/opinion-trumps-dollar16-billion-farm-bailout-means-youre-paying-for-his-tariff-war-twice/ar-AABRXSA?li=BBnbfcN
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6 minutes ago, NaturallyAspirated said:

Beanz checkz bitches!

Neal

Get that Trump money yo! As long as it ain't phones or food or healthcare it's all good! :bc:

Edited by Anler
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2 hours ago, Anler said:

Get that Trump money yo! As long as it ain't phones or food or healthcare it's all good! :bc:

No self respecting Republican is going to take that money are they???

They just need to find new opportunities, pull themselves up by their bootstraps

They can’t be sucking at the government tit  .

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8 minutes ago, revkevsdi said:

No self respecting Republican is going to take that money are they???

They just need to find new opportunities, pull themselves up by their bootstraps

They can’t be sucking at the government tit  .

Lol...if it weren’t for daddy, you know damn well you’d be relegated to cube fill somewhere with a bitchin’ headset.  This is why you are so angry....facts are hard to swallow.

”Hello, my name is BarbieHands.  I’ll be your service representative today to assist you in making your telephone and internet service the best it can be!!”

:lol:

 

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3 hours ago, revkevsdi said:

No self respecting Republican is going to take that money are they???

They just need to find new opportunities, pull themselves up by their bootstraps

They can’t be sucking at the government tit  .

It's that double standard they don't like to talk about. 

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  • Trying to pay the bills, lol

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