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Thread: Trump To Give US Farmers Cash Bail-Outs BEFORE Thanksgiving

  1. #1

    Trump To Give US Farmers Cash Bail-Outs BEFORE Thanksgiving

    Trump To Give US Farmers Cash Bail-Outs BEFORE Thanksgiving



    SilverDoctors

    Something's not quite right! We have the greatest economy in American history, and yet the farmers need a 3rd bail-out in less than 2 years, and a cash bail-out no less? Is China really buying farm products "big again", when common sense and Economics 101 say otherwise? Let's make some sense of what's really going on...
    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    DACA S**thole Dreamers - Make America Great Again?



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  3. #2
    I hear some farmers can’t find immigrant workers to work the jobs lazy Americans don’t want. Plus the China thing. Plus the other things. And don’t forget those too.

    Somebody has to pay for it all. It’s thanksforgiving, after all.
    “The right to life is the source of all rights—and the right to property is their only implementation. Without property rights, no other rights are possible. Since man has to sustain his life by his own effort, the man who has no right to the product of his effort has no means to sustain his life. The man who produces while others dispose of his product, is a slave.”

    Read the RPF trolls' playbook here (post #3)

  4. #3
    Quote Originally Posted by PAF View Post
    I hear some farmers can’t find immigrant workers to work the jobs lazy Americans don’t want. Plus the China thing. Plus the other things. And don’t forget those too.

    Somebody has to pay for it all. It’s thanksforgiving, after all.
    Thanks for the anti-American propaganda.


    Trump shouldn't subsidize the AG industry that is already subsidized at the expense of all the other industries that China has been trying to destroy with trade warfare.
    And the illegal invaders do far more harm than any supposed good they do for the AG industry.






    Anti-Trumpers agree: The president’s trade battle with China is hurting our economy and, in particular, America’s farmers. We are told that the tariff tiffs have caused a collapse in U.S. agricultural exports to China, and consequent heartbreak in our heartland.
    It isn’t true.
    As with most criticisms lodged against the Trump White House, this oft-repeated narrative is way overblown. Turns out, far from suffering what CNBC recently described as “a devastating year for farmers” the farmers of America overall are doing quite well.


    The Department of Agriculture recently forecast that net farm income will rise nearly 5 percent this year, to $88 billion. That growth comes on top of increases in both 2017 and 2018 and is, just for the record, faster than the overall growth of the economy.
    For sure, times could be better. The forecast for this year means that real net farm income would come in 36 percent below its peak of $136.5 billion in 2013 and slightly below its 2000-18 average ($90.1 billion). Farmers suffered a severe drop in total revenues during the Obama years, collapsing from $484 billion in 2013 to $412 billion in 2016. Weirdly, I don’t remember the media paying much attention.


    Perhaps most startling, the DOA forecasts that the average farm will see net cash income increase more than 11 percent this year, “the first annual increase after 4 consecutive years of declines.” Moreover, the median income of farm households will be up almost 4 percent this year.
    At the same time, farmers are getting richer; the net worth of the farm sector is likely to rise slightly this year, to $2.7 trillion, mostly because of higher real estate values.


    In short, it turns out that as a whole our farmers are doing ok, or maybe even better than ok.
    None of this prevents the liberal media from hyperventilating about farm-belt misery. A recent headline from an industry journal blares: “USDA Slashes U.S. Corn, Soybean Export Estimates To China.” Indeed, the USDA predicted that, thanks largely to a drop in corn and soybean shipments, total agricultural exports will decline 6 percent this year, to “the lowest level recorded since 2016.”
    That sounds ominous, and seems to bolster the notion that Brazil is swooping in to supply Chinese soybean demand, thanks to the trade spat. But the story is not quite so simple. Brazil’s soybean exports to China, as it happens, are also falling, down 40 percent in August and off 14 percent through the first eight months of the year.
    The reason? The dreaded swine fever, which through June had killed some 22 percent of China’s pig herds, the major consumers of soybeans. Some analysts are projecting that as much as half of China’s pig population could die. Fewer pigs, less soybean demand.
    The real story is that even as soybean exports to China have dropped, pork exports have increased, due to the swine flu. Overall, the USDA projects that U.S. agricultural exports will be up slightly in the current fiscal year.
    So how are America’s farmers responding to these fluctuations in markets and tariffs? The media would have us believe that the trade battle is sabotaging support for President Trump in farm country, throwing his reelection in jeopardy.
    The Hill recently ran a story pumping that notion and quoting John Hansen, president of the Nebraska Farmers Union, who, the article states, “ripped President Trump" over his escalating trade war with China, calling it a “huge unforced error.”
    The piece failed to mention that the Nebraska Farmers Union is a chapter of the National Farmers Union, a left-wing organization that donates money exclusively to farm-state Democrats and is committed to green energy and federal price supports for farm products. It opposes large-scale corporate farms and President Trump.

    More at: https://thehill.com/opinion/finance/...tle-with-china
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankind…it’s people I can’t stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

  5. #4
    Quote Originally Posted by Swordsmyth View Post
    The quality seems to have dropped significantly since I came here, I guess you get what you pay for.
    I am Zippy and I approve of this post. But you don't have to.

  6. #5
    What is the total amount the USDA shows they have written checks for ? I do not know anyone receiving this .
    Do something Danke

  7. #6

    Exclamation Socialist Trump - Wealth Spread

    Trumpkin Socialist, typical.

    Quote Originally Posted by Swordsmyth View Post
    You only show up to attack Trump when he is wrong
    DACA S**thole Dreamers - Make America Great Again?

  8. #7
    Cranberry farmers are getting GOV checks

  9. #8
    According to Zips link it is the second phase of the original amount from May
    Do something Danke



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  11. #9
    I accept no subsidies and enroll for nothing . Not uncommon where I am.
    Do something Danke



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