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White House readies plan for $12 billion in emergency aid to farmers [shortened]
Washington Post ^ | 07/24/2018 | Damian Paletta and Caitlin Dewey

Posted on 07/24/2018 9:04:11 AM PDT by GIdget2004

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To: Obadiah
China will be hurt far worse and much sooner than this. And, China will also have to contend with social unrest as their domestic industries are hit and their banking system is further strained.

China doesn't have elections in three and a half months.

We must stay the course. Our economy is very strong right now. Now is the perfect time to rebalance the trade.

Apparently pork and soybean producers aren't seeing things the way you do.

21 posted on 07/24/2018 9:55:42 AM PDT by DoodleDawg
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To: Mr Ramsbotham
The money they lose on foreign transactions will be more than made up for by increased domestic consumption.

So then why the $12B?

22 posted on 07/24/2018 9:57:38 AM PDT by semimojo
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To: Buckeye McFrog

“”””””””””Farmers. The most rock-ribbed, solid Patriotic Conservatives you will ever find.

Until you threaten their favorite subsidy. Then it’s katy-bar-the-door.

I know, I used to sell to them.”””””””””””””

I come from generations of farmers in North Dakota. Church going, apple pie and as conservative as can be. Until an election comes around.
Promise good subsidies and you can be a democrat Senator for life.


23 posted on 07/24/2018 9:58:37 AM PDT by shelterguy
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To: DoodleDawg
You going to double your consumption of soybeans and pork chops?

Well, if the Chinamen aren't eating them, we'll have to take up the slack. Remember, too, that if demand goes down, prices will go down too, and that will encourage consumption. A win-win proposition for all concerned!

24 posted on 07/24/2018 10:00:16 AM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: Obadiah
The long term benefit to the nation will be worth this cost.

I'm sure that's how that politically protected class feels.

Shall we give Federal funds to every business with a disrupted supply chain?

25 posted on 07/24/2018 10:01:10 AM PDT by Poison Pill
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To: GIdget2004

The funding still has to come from Congress. I doubt that there is a majority in either house willing to pass this.


26 posted on 07/24/2018 10:02:12 AM PDT by DoodleDawg
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To: DoodleDawg
Go down this path and every industry hurt by the trade war will come to Trump with their hand out.

Whirlpool just had a big earnings miss, partially blamed on high steel costs due to tariffs.

Looking forward to sending them some of my tax dollars soon.

27 posted on 07/24/2018 10:02:31 AM PDT by semimojo
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To: semimojo
So then why the $12B?

Because we like farmers.

28 posted on 07/24/2018 10:02:32 AM PDT by Mr Ramsbotham (Laws against sodomy are honored in the breech.)
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To: Mr Ramsbotham
Because we like farmers.

I have a Deere hat. Can I get in on this?

29 posted on 07/24/2018 10:03:38 AM PDT by semimojo
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To: Mr Ramsbotham
Because we like farmers.

♫Bum ba dum bum bum bum bum♫

30 posted on 07/24/2018 10:03:55 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Mr Ramsbotham
Remember, too, that if demand goes down, prices will go down too, and that will encourage consumption. A win-win proposition for all concerned!

Except, of course, for the producer who is faced with losing money on every bushel he grows or pig he raises. The end result will be higher prices as supply decreases when the farmers go belly up. No pun intended.

31 posted on 07/24/2018 10:04:42 AM PDT by DoodleDawg
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To: GIdget2004

A drop in the Bucket compared to Obama’s Super Fail Green Jobs


32 posted on 07/24/2018 10:27:01 AM PDT by butlerweave
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To: GIdget2004

Trump hits one into the rough. Ok, he is going to double bogey this hole. I am still on the Trump train, forever.


33 posted on 07/24/2018 10:32:52 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: redgolum

Why not then donate the excess that can’t be sold to countries where folks are starving until playing field is leveled. When that happens you might end up selling even more of your produce to China.


34 posted on 07/24/2018 10:33:32 AM PDT by antidemoncrat
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To: Buckeye McFrog
Farmers. The most rock-ribbed, solid Patriotic Conservatives you will ever find.

= less than 2% of the population.

There are more gays and trannys than there are farmers.

35 posted on 07/24/2018 10:34:33 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Obadiah

Farmers are a teeny weeny tiny part of the electorate.


36 posted on 07/24/2018 10:35:40 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: Mr Ramsbotham
Because we like farmers.

I don't. Farming is the ghetto corner of the economy. It is low tech, for the most part brainless activity,low value added and the biggest employer of illegal labor. I have zero respect for the industry.

37 posted on 07/24/2018 10:39:39 AM PDT by central_va (I won't be reconstructed and I do not give a damn)
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To: butlerweave
A drop in the Bucket compared to Obama’s Super Fail Green Jobs

Perhaps, but I would assume the last thing we would want to do is imitate Obama in anything. This may not be on the same scale - yet - but #12 billion here, $12 billion there, soon you're talking real money.

38 posted on 07/24/2018 10:43:57 AM PDT by DoodleDawg
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To: antidemoncrat
Why not then donate the excess that can’t be sold to countries where folks are starving until playing field is leveled.

And that helps the farmers how?

39 posted on 07/24/2018 10:46:07 AM PDT by DoodleDawg
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To: central_va
Farmers are a teeny weeny tiny part of the electorate.

What percentage of the electorate are steelworkers?

40 posted on 07/24/2018 10:47:03 AM PDT by DoodleDawg
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