Robbing Peter to pay Paul
As is well documented and agreed upon many rational economic experts, my president’s tariff war with China will promote jobs and farming in China while making it tougher for American farmers to compete in World markets.
They need to, as Americans don’t eat much in the way of soybeans and other products, so much of American produce finds its way overseas.
In an effort to placate American farmers, Trump will spend $12 billion of your tax money (Peter) to assist Mid-West ‘Merican farmers in their efforts to survive (Paul) due to his tariffs.
The aid package is expected to target soybean farmers, dairy farmers, and pork producers, among others. White House officials hope it will temporarily quiet some of the unease from farm groups, but the new plan could revive debates about taxpayer-funded bailouts and the degree to which Trump’s trade strategy is leading to unforeseen costs.
Farm groups have complained that moves by China and other countries in response to Trump’s protectionist trade stance could cost them billions of dollars, spooking Republicans who fear a political and economic blowback to Trump’s approach
The money would be extended just as voters in some of the most heavily impacted states are preparing to cast votes in the midterm elections. There are several key Senate races in farm-dependent states like Missouri, North Dakota, and Indiana this November, and the outcome of those races could determine who controls the chamber next year.
Quite simply put, your taxes at work in a politicized move to buy votes.
You can’t (read don’t need to) make this stuff up.
Scott R. Blume,