I wonder if anyone in Trump’s current base as well others benefits from a rising stock market and plentiful jobs?
How stupid are the people of Iowa?
- Thread starter exGOPer
- Start date
I wonder if anyone in Trump’s current base as well others benefits from a rising stock market and plentiful jobs?
Which we would have enjoyed with Hillary as well. Trump just was fortunate to inherit strong economy. His tax cuts did send it in override for sure, let's hope we do not get a hang over.
https://littlevillagemag.com/sen-gr...lout-money-for-the-second-time-in-six-months/
Sen. Grassley applies for federal farm bailout money for the second time in six months
Sen. Chuck Grassley wants a share of the $16 billion in federal aid to farms and other agricultural-based businesses the Trump administration announced last week, the Des Moines Register reported on Friday. The aid package includes $14.5 billion in direct payments to farmers, and Grassley, who co-owns a farm in Butler County with his son Robin, will apply for those federal dollars, a spokesperson for Iowa’s senior senator confirmed to the Register.
This is the second time the Trump administration has approved direct payments to farmers affected by its tariff dispute with China. In October, President Trump approved $12 billion bailout package. Grassley was one of two members of Congress who received aid in the earlier bailout. (Sen. Jon Tester, a Montana Democrat, was the other.)
Grassley’s spokesperson did not answer a question about how much the senator received from the federal government in the October aid package. The spokesperson did say that Grassley “receives no special treatment” when he applies for government aid.
That echoes a statement Grassley made last year, after it was reported he was applying for the aid program.
“This is something you get because you are a farmer — equal treatment for everybody,” Grassley said during a conference call with reporters. “It is not something special for Chuck Grassley because he is a senator or Jon Tester.”
During that conference call, Grassley explained he had participated in federal programs that provide financial support for farmers since 1960, when he inherited his father’s 60-acre farm. The farm the senator currently co-owns is 750 acres and grows soybeans and corn.
Like many who receive farm subsidies, Grassley is a millionaire. Using Senate financial disclosure forms, the Center for Responsive Politics estimated Grassley’s net worth at $3.3 million in 2015. His largest asset was his Butler County farm, with an estimated value of $1.2 million. (The estimated median net worth of members of the Senate in 2015 was $3.2 million.)
Responding in 2017 to a report from the nonprofit Environmental Working Group that Grassley had received $367,763 in disaster and commodity subsidies from federal programs since 1996, a spokesperson for the senator didn’t dispute the amount, but said Grassley was entitled to all those subsidies and is “the leading advocate for responsible and limited government spending” in agricultural programs.
Sen. Grassley applies for federal farm bailout money for the second time in six months
Sen. Chuck Grassley wants a share of the $16 billion in federal aid to farms and other agricultural-based businesses the Trump administration announced last week, the Des Moines Register reported on Friday. The aid package includes $14.5 billion in direct payments to farmers, and Grassley, who co-owns a farm in Butler County with his son Robin, will apply for those federal dollars, a spokesperson for Iowa’s senior senator confirmed to the Register.
This is the second time the Trump administration has approved direct payments to farmers affected by its tariff dispute with China. In October, President Trump approved $12 billion bailout package. Grassley was one of two members of Congress who received aid in the earlier bailout. (Sen. Jon Tester, a Montana Democrat, was the other.)
Grassley’s spokesperson did not answer a question about how much the senator received from the federal government in the October aid package. The spokesperson did say that Grassley “receives no special treatment” when he applies for government aid.
That echoes a statement Grassley made last year, after it was reported he was applying for the aid program.
“This is something you get because you are a farmer — equal treatment for everybody,” Grassley said during a conference call with reporters. “It is not something special for Chuck Grassley because he is a senator or Jon Tester.”
During that conference call, Grassley explained he had participated in federal programs that provide financial support for farmers since 1960, when he inherited his father’s 60-acre farm. The farm the senator currently co-owns is 750 acres and grows soybeans and corn.
Like many who receive farm subsidies, Grassley is a millionaire. Using Senate financial disclosure forms, the Center for Responsive Politics estimated Grassley’s net worth at $3.3 million in 2015. His largest asset was his Butler County farm, with an estimated value of $1.2 million. (The estimated median net worth of members of the Senate in 2015 was $3.2 million.)
Responding in 2017 to a report from the nonprofit Environmental Working Group that Grassley had received $367,763 in disaster and commodity subsidies from federal programs since 1996, a spokesperson for the senator didn’t dispute the amount, but said Grassley was entitled to all those subsidies and is “the leading advocate for responsible and limited government spending” in agricultural programs.
winning
https://www.cnbc.com/2019/08/05/chi...n-retaliation-for-trumps-tariff-increase.html
China reportedly halts US agricultural imports in retaliation for Trump’s tariff increase
https://www.cnbc.com/2019/08/05/chi...n-retaliation-for-trumps-tariff-increase.html
China reportedly halts US agricultural imports in retaliation for Trump’s tariff increase
- China has halted imports of U.S. agricultural products, Bloomberg News reported.
- Last week, Trump announced the addition of 10% tariffs on another $300 billion in Chinese goods after Trump said China didn’t follow through with its promise to begin purchasing farmers’ products.
- Trump has ordered up a $16 billion aid package to U.S. farmers to help them during the trade battle.
China is one of the largest buyer of U.S. agriculture. Bloomberg News reported that Beijing may stop importing them completely in response to new tariffs by the United States. According to reports by Chinese State media, it would also consider slapping tariffs on U.S. agricultural products that it already bought.
https://www.cnbc.com/2019/08/05/chi...chases-in-response-to-trumps-new-tariffs.html
https://www.cnbc.com/2019/08/05/chi...chases-in-response-to-trumps-new-tariffs.html
That will last how long? One thing we do is feed the world.
Soy beans more than a year already. Brazil was happy to take that market. Trump making Mexican pork bellies great again.
Not what the data says. Plenty of countries with the capacity to replace US sourced food already. Push hard enough that's exactly what will happen. I suppose giving US farmers $16B in handouts from tax money collected is your vision of a free market.
Stockholm syndrome at its worse
“Everyone’s willing to see this through, and those government subsidy checks might help them get by for another year.”
https://www.cnbc.com/2019/08/10/tru...se-a-huge-customer-to-trade-war----china.html
‘Trump is ruining our markets’: Struggling farmers are losing a huge customer to the trade war — China
- U.S. farmers lost their fourth largest customer this week after China officially cancelled all purchases of U.S. agricultural products, a retaliatory move following President Donald Trump’s pledge to slap 10% tariffs on $300 billion of Chinese imports.
- China’s exit piles on to a devastating year for farmers, who’ve struggled through record flooding and droughts that destroyed crop yields, and trade war escalations that have lowered prices and profits this year.
- “It’s really, really getting bad out here,” Bob Kuylen, a farmer of 35 years in North Dakota, told CNBC.
- “There’s no incentive to keep farming, except that I’ve invested everything I have in farming, and it’s hard to walk away.”
