Due to the idiotic policies of our President the Gov't will today begin providing aid to farmers effected by Trumps trade war to the tune of $4.7 billion dollars as a start.
So are these farmers welfare queens now?
"The U.S. government has announced $4.7 billion in direct payments to American farmers, as part of its previously-announced strategy for mitigating the effects of President Donald Trump’s trade disputes, in particular the spat with China.
But some farmers on the receiving end of the aid are pushing back against it.
As the U.S. has hit countries such as China, Mexico and Canada with tariffs on their exports, those countries have retaliated with their own tariffs on U.S. products. The retaliatory tariffs have often targeted American agricultural products, in order to affect Trump’s Midwestern base ahead of the November midterms.
The White House announced last month that it would direct up to $12 billion in emergency aid to American farmers, in order to offset the effects of those retaliatory tariffs. Agriculture Secretary Sonny Perdue announced details of the first tranche of that aid on Monday."
Politico points out that the USDA structured the bailout plan so that Midwestern states that backed President Donald Trump in the 2016 election—like Iowa and Illinois—will receive hefty sums of cash leading up to the midterm elections in November. Meanwhile, states that grow produce and nuts, such as the liberal stronghold of California, aren’t expected to receive big government checks.
http://fortune.com/2018/08/28/trump-trade-war-farmer-aid/
So are these farmers welfare queens now?
"The U.S. government has announced $4.7 billion in direct payments to American farmers, as part of its previously-announced strategy for mitigating the effects of President Donald Trump’s trade disputes, in particular the spat with China.
But some farmers on the receiving end of the aid are pushing back against it.
As the U.S. has hit countries such as China, Mexico and Canada with tariffs on their exports, those countries have retaliated with their own tariffs on U.S. products. The retaliatory tariffs have often targeted American agricultural products, in order to affect Trump’s Midwestern base ahead of the November midterms.
The White House announced last month that it would direct up to $12 billion in emergency aid to American farmers, in order to offset the effects of those retaliatory tariffs. Agriculture Secretary Sonny Perdue announced details of the first tranche of that aid on Monday."
Politico points out that the USDA structured the bailout plan so that Midwestern states that backed President Donald Trump in the 2016 election—like Iowa and Illinois—will receive hefty sums of cash leading up to the midterm elections in November. Meanwhile, states that grow produce and nuts, such as the liberal stronghold of California, aren’t expected to receive big government checks.
http://fortune.com/2018/08/28/trump-trade-war-farmer-aid/