Author Topic: White House readies plan for $12 billion in emergency aid to farmers caught in Trump’s escalating tr  (Read 896 times)

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Offline goodwithagun

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The U.S. Agriculture Department on Tuesday plans to announce a $12 billion package of emergency aid for farmers caught in the midst of President Trump’s escalating trade war, two people briefed on the plan said, the latest sign that growing tensions between the United States and other countries will not end soon.

Trump ordered Agriculture Secretary Sonny Perdue to prepare a range of options several months ago, amid complaints from farmers that their products faced retaliatory tariffs from China and other countries. The new package of government assistance funds will be announced Tuesday and is expected to go into effect by Labor Day.

Read the rest here: https://www.washingtonpost.com/business/economy/white-house-readies-plan-for-12-billion-in-emergency-aid-to-farmers-caught-in-trumps-escalating-trade-war/2018/07/24/7bec9af4-8f4d-11e8-b769-e3fff17f0689_story.html?utm_term=.afeaecc155b3
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Offline Applewood

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Lovely. 

I thought conservatives were against subsidies and bailouts.  Are other businesses going bankrupt from these tariffs getting a bailout?  Will we consumers and ordinary shlubs get government money when the prices of goods go through the roof and our retirement plan gets flushed down the toilet?
« Last Edit: July 24, 2018, 10:33:11 pm by Applewood »

Offline INVAR

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Lovely. 

I thought conservatives were against subsidies and bailouts.  Are other businesses going bankrupt from these tariffs getting a bailout?  Will we consumers and ordinary shlubs get government money when the prices of goods go through the roof and our retirement plan gets flushed down the toilet?

For the neo Populists who call themselves "Conservatives" - it is okay when THEIR GUY does liberal statism and Socialism.
Fart for freedom, fart for liberty and fart proudly.  - Benjamin Franklin

...Obsta principiis—Nip the shoots of arbitrary power in the bud, is the only maxim which can ever preserve the liberties of any people. When the people give way, their deceivers, betrayers and destroyers press upon them so fast that there is no resisting afterwards. The nature of the encroachment upon [the] American constitution is such, as to grow every day more and more encroaching. Like a cancer, it eats faster and faster every hour." - John Adams, February 6, 1775

Offline goodwithagun

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Big Ag already gets a lot of welfare. Now they’ll get even more.
I stand with Roosgirl.