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Topic Title: Chump will pay for farm bailouts from china tariffs
Topic Summary: by borrowing money from china. Of course!
Created On: 08/24/2018 08:48 AM
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 08/24/2018 08:48 AM
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nukeh2o

Posts: 8910
Joined Forum: 03/18/2016

"stable genius!".....

"A case study in how bad policy necessitates more bad policy.
But who will bail out the rest of us?

Indeed, it's becoming increasingly difficult to keep track of all the ways average Americans are falling victim to Trump's trade war. Increased tariffs on foreign products means higher retail prices for consumers. Businesses see their cost rise as needed inputs are slapped with higher tariffs while foreign retaliatory measures result in lost sales. Some employees have even lost their jobs.

Now taxpayers must cough up billions to pay for the farm bailout - and more such federal largesse may be on the way as Trump attempts to stanch the bleeding and maintain morale. As Sen. Lisa Murkowski, R-Alaska, has pointed out: "Farmers are hit, but there are a lot of others that are hit by these tariffs as well." Murkowski went on to note that Alaska-based interests such as the seafood and energy industries have also been hurt in the trade war. Where, she asked, should the line be drawn on which sectors of the economy receive aid?"


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It's a democratic hoax

Edited: 08/24/2018 at 08:52 AM by nukeh2o
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