Bailout checks begin arriving for farmers, as Trump's trade war escalates
Source: The Washington Post
By Jeff Stein
September 21 at 2:29 PM
The federal government has given $25.8 million to farmers this month under a program designed to help them weather President Trumps international trade battle, a spokesman for the Agriculture Department said Friday.
The money represents some of the first payments of what the Trump administration said will eventually be a $12 billion bailout, which aims to help farmers cope with retaliatory tariffs foreign countries have imposed on their products. Those retaliatory tariffs have dimmed demand for U.S. products overseas and resulted in a domestic supply glut that has deflated some prices at home.
From Sept. 4 through Thursday, the USDA has received 39,447 applications for aid. The department has approved 7,851 applications thus far, the USDA official said. The administration has planned an initial $4.7 billion in payments for producers of commodities such as corn, cotton, dairy products, pork, sorghum, soybeans and wheat.
The program will give aid to farmers based on a formula that accounts for the severity of the trade disruption essentially, an estimate of how much money the trade war is costing them as well as the size of their production, the USDA said in announcing the program.
Read more: https://www.washingtonpost.com/business/2018/09/21/bailout-checks-begin-arriving-farmers-trumps-trade-war-escalates/
marble falls
(57,333 posts)but they can't keep track of hundreds of children supposedly under confinement over the last two years. Shameful.
TexasBushwhacker
(20,220 posts)Trump has his priorities.
Yavin4
(35,446 posts)So says the media
Proud Liberal Dem
(24,445 posts)llmart
(15,556 posts)He sure is making America great again, isn't he? Now farmers are taking handouts from the federal government because of Trump's stupid tariffs. Wonder how many of them had big ole' Trump signs on the sides of their barns in 2016?
Conservatives my ass.
sakabatou
(42,180 posts)samnsara
(17,650 posts)Vinca
(50,313 posts)Perseus
(4,341 posts)Someone is getting rich here...12 billion??? I think we are going to see new millionaires coming out of this administration.
BigmanPigman
(51,638 posts)I know one of them.
pangaia
(24,324 posts)NickB79
(19,274 posts)Just like welfare, food stamps, unemployment payments, etc.
In other words, all the things all my Midwestern corn-and-soy-farming uncles, along with every Fox News commentator, called socialism for the past 20 years and wanted destroyed.
pangaia
(24,324 posts)BumRushDaShow
(129,616 posts)(in quotes) or so they call it when it is "someone else", like those "lazy inner city freeloading gang-banging thugs".
Wellstone ruled
(34,661 posts)bluestarone
(17,062 posts)THIS is what it really is!!!!!!!!!!!!!!!!!!!!
Midnight Writer
(21,816 posts)Proud Liberal Dem
(24,445 posts)and, as yet, there's no end date on Trump's trade war with China AFAIK. In fact, isn't it supposed to be getting worse?
EleanorR
(2,395 posts)Then they'll pull the plug.
Wuddles440
(1,127 posts)is my bailout check for all the tax and price increases this fuckhead has cost me? Seriously, where is it??!!!
TeamPooka
(24,262 posts)mountain grammy
(26,656 posts)benld74
(9,911 posts)When I worked there
I could look into raw data files and see names
Estimate amounts states etc
Good old days
Majority back then
Were NOT small farmers
They were BIG operations
roamer65
(36,747 posts)Cut ALL agricultural subsidies to zero.
groundloop
(11,527 posts)These rat-fucking gopers will stop at nothing to take away the benefits I've paid for all my life.
Spartacus101
(93 posts)The Liberal Lion
(1,414 posts)The ripple effects of the ill informed trade policy of this illegal white house will reverberate throughout the entire economy. Many will be affected adversely. Is this white house, and this congress prepared to put the entire country on this "aid"?
LuvLoogie
(7,040 posts)Just think how many immigrant children you could jail with that money?
roamer65
(36,747 posts)I will buy non-American and non-Chinese agricultural products when I can.
Cha
(297,774 posts)I know they're not enabling trump to steal from others to pay off these farmers on the dole so trump can fuck up trade wars.
Doreen
(11,686 posts)but I have a question. Are they getting enough money to put into first, last months rent and the deposit for their apartment they are going to end up living in? I saw on TV some guy who is supposed to get the money but he said it will not be enough to save his farm and he is going to still use it anyway.
Rebl2
(13,571 posts)farmers is nothing new. Seems like I remember they used to pay farmers to not grow certain crops years ago. Im sure what they are getting, like someone posted, wont be enough to save their farms.
DonaldsRump
(7,715 posts)How exactly is this not welfare? Why is welfare bad for PoC but not these folks?
The whole "tax cut" and now this welfare farce is a scam to artificially boost the economy....and it is working to delude some people as to how wonderful the economy is. I hope that our folks are wise enough to make a simple set of arguments to these people about the artifices that are being used and the long-term damage that is being done.
UpInArms
(51,285 posts)With the insurance program, the had the private entity shield ... but ... this is public money, so there should be open records to check
bluestarone
(17,062 posts)The kids taken away from their parents! NO paperwork at all!!!
NickB79
(19,274 posts)It appears to only update 2 years behind current year, so it may be a while before you can find more info on Trump's handouts though.
For fun, I just looked up my farming family. Man, they sure are sucking hard on that government teat for being red-blooded MAGA promoters. My 5 uncles, my dad, and my two grandparents (now deceased), received a total of $1.014 MILLION from 1995-2016!
progree
(10,924 posts)applications and figure the proper amounts of the checks and keep track of all of this etc.
I thought Republicans hated government bureaucrats.
Gore1FL
(21,155 posts)bluestarone
(17,062 posts)Fighting each other!! I can just hear them now WHY DID YOU GET MORE THAN ME???
keithbvadu2
(36,949 posts)Trumps polices are killing farmers.
After all, trade wars are 'easy to win'.
Farmers are killing themselves in staggering numbers
https://www.msn.com/en-us/money/markets/farmers-are-killing-themselves-in-staggering-numbers/ar-AAzbcCN
Why are America's farmers killing themselves in record numbers?
https://www.theguardian.com/us-news/2017/dec/06/why-are-americas-farmers-killing-themselves-in-record-numbers
keithbvadu2
(36,949 posts)Something you won't hear from a Trump-country farmer:
Rejecting Donald's socialism.
Rizen
(725 posts)I hope the direct impact of the tariffs will convince farmers and factory workers to vote blue, or at least not support Republicans in the midterms. Republican hypocrisy about the bailouts is strong as ever. They don't care where the money they spend comes from.
DesertRat
(27,995 posts)In what part of the country do you live? I'm in AZ.
Colorado.
DesertRat
(27,995 posts)In Illinois, Michigan, Wisconsin, Ohio, Iowa, and Kansas.
Whiskeytide
(4,463 posts)... large, corporate owned farming operations. When the farm produces, workers are paid. When a bailout check arrives, I suspect executives and shareholders will see bonuses and dividends. Its the perfect republican scam.
Ilsa
(61,700 posts)due to trump's policies?