Situational Socialism [Trump Bailout for American Farmers]

[rareboy]

Buying off the voters.

Midwest farmers are the main victims so far of the trade war with China and Mexico.

Suddenly giving out huge payouts to prop up critical voters is OK. Using money that American consumers are paying in additional taxes (tariffs).

This cannot end well.

Last Friday, Donald Trump proposed a massive $15 billion bailout for American farmers...

...That's a hefty amount of money from an administration that's proposed making catastrophic cuts to welfare programs in the past. In a tweet, Trump claimed that the U.S. should take that $15 billion from "the over 100 Billion Dollars in Tariffs that we take in" from tariffs that he says China is already paying. Specifically, Trump wants to use that money to buy "15 Billion Dollars of Agriculture from our Farmers."

His persistent lie that China is paying the tariffs is what is even more disturbing. There is no way that he does not know that it is a lie.

https://www.gq.com/story/trump-soci...AZ6c5LYQs0Id-YgyZtaUcreUWEKbo6NoYZt0Atxj0dXlo

 

[Sausy]

Re: Situational Socialism

It may hurt China in the long run in lessened revenue but it hurts the US customers the most. They will bear the burden of the increased cost. Trump says that we'll buy stuff here if people are dissuaded from buying Chines products because of the added cost.. but many things are made by China in a far greater scale than can be bought here. And there are things we don't even make anymore and the cost of trying to rebuild those industries in the US while paying much higher wages than Chinese companies pay... it wouldn't be profitable and won't happen anytime soon. Trump is so disingenuous … he's the Ponzi President, but unlike the fact he always had someone to come to his rescue starting with daddy and escalating with foreign banks... he screws up there's no net and we ALL fall.

 

[gsdx]

Re: Situational Socialism

I think he knows it's a lie, but he's trusting that a majority of Americans don't.

 

[TX-Beau]

Re: Situational Socialism

Don't ever assume that he's being cagey. He told himself that lie and believes it because it pumps up his image of himself, he's crazy, that's what crazy narcissists do.

ALL he's doing is playing tough guy to inflate his own ego, he doesn't care who's hurt, if you try and tell himself he's hurting people he'll just make up some other shit about how that's not true, or it's your fault. That's what crazy narcissist do.

"China" as in the government of isn't ever going to "pay" anything. Either Chinese companies pay, or American consumers pay. Guess who's going to foot the bill. All the Trump is doing is imposing a testosterone poisoning tax on American consumers.

 

[TX-Beau]

Re: Situational Socialism

I think he knows it's a lie, but he's trusting that a majority of Americans don't.

Until he turns on the bigots, they will forgive him anything, the rest of us aren't playing that game, but until you can move the Senate no one will do shit about it.

 

[TX-Beau]

Re: Situational Socialism

CONGRESS has the authority to regulate tariffs, this is all McConnel's fault, and he's a fucking traitor.

 

[mikey3000]

Re: Situational Socialism

Buying off the voters.

Midwest farmers are the main victims so far of the trade war with China and Mexico.

Suddenly giving out huge payouts to prop up critical voters is OK. Using money that American consumers are paying in additional taxes (tariffs).

This cannot end well.



His persistent lie that China is paying the tariffs is what is even more disturbing. There is no way that he does not know that it is a lie.

https://www.gq.com/story/trump-soci...AZ6c5LYQs0Id-YgyZtaUcreUWEKbo6NoYZt0Atxj0dXlo

Wait a second... Canada has been subsidizing our milk production against the U.S. market for decades, that was ok, wasn't it?

 

[gsdx]

Re: Situational Socialism

Wait a second... Canada has been subsidizing our milk production against the U.S. market for decades, that was ok, wasn't it?

Where did you hear that crap? Did you make it up on your own?

Canada has 'Supply Management', but the farmers receive $0 subsidies. Zero!

 

[cityboy-stl]

Re: Situational Socialism

I think he knows it's a lie, but he's trusting that a majority of Americans don't.

I don't believe Trump even knows the difference between the truth and a lie. He just says what will accomplish his goal at the moment regardless of its veracity. And a majority of his followers are ignorant enough to believe whatever he says.

Note that I said "followers". They lost the "supporter" label long ago.

 

[mikey3000]

Re: Situational Socialism

Supply chain management= price fixing cartel to protect incomes=subsidizing. Duh.
https://business.financialpost.com/...ick-canadas-2-6-billion-dairy-cartel-er-habit

You might as well be writing the farmers a cheque. We've been doing it for decades.

 

[mikey3000]

Re: Situational Socialism

I don't believe Trump even knows the difference between the truth and a lie. He just says what will accomplish his goal at the moment regardless of its veracity. And a majority of his followers are ignorant enough to believe whatever he says.

Note that I said "followers". They lost the "supporter" label long ago.

[Text: Removed] Canada has had an unfair agricultural trade advantage over the US for decades. [Text: Removed]

 

[opinterph]

Re: Situational Socialism

Canada has had an unfair agricultural trade advantage over the US for decades.

Is that a result of socialist policies?

Please explain how the relative trade advantage of another country (when compared to the US) helps to illustrate “situational socialism” or dissimulation of the Trump narrative. Otherwise, your remark seems unrelated to the topic of discussion.

 

[gsdx]

Re: Situational Socialism

You might as well be writing the farmers a cheque. We've been doing it for decades.

That's exactly what Trump is doing to American farmers. He fucked up their livelihood with his tariffs and then gave them $12 billion to keep them out of bankruptcy because they couldn't sell their products to its largest buyer. But that wasn't enough and now he needs another $15 billion. So, on top of all that, he slaps another pile of tariffs on China (except for all the Trump family merchandise they buy from China and sell to Americans).

So much winning.

 

[mikey3000]

Lol! Yup. So much!

 

[Telstra]

Re: Situational Socialism

It may hurt China in the long run in lessened revenue but it hurts the US customers the most. They will bear the burden of the increased cost. Trump says that we'll buy stuff here if people are dissuaded from buying Chines products because of the added cost.. but many things are made by China in a far greater scale than can be bought here. And there are things we don't even make anymore and the cost of trying to rebuild those industries in the US while paying much higher wages than Chinese companies pay... it wouldn't be profitable and won't happen anytime soon. Trump is so disingenuous … he's the Ponzi President, but unlike the fact he always had someone to come to his rescue starting with daddy and escalating with foreign banks... he screws up there's no net and we ALL fall.

China experienced the long march and the starvation period, so they are well equip to withstand tough times.
Can the US withstand similar hardship or gun violence everywhere ?

 

[KaraBulut]

Re: Situational Socialism

That's exactly what Trump is doing to American farmers. He fucked up their livelihood with his tariffs and then [STRIKE]gave them[/STRIKE] he borrowed $12 billion to keep them out of bankruptcy because they couldn't sell their products to its largest buyer. But that wasn't enough and now he needs to borrow another $15 billion from China. So, on top of all that, he slaps another pile of tariffs on American companies who import Chinese goods (except for all the Trump family merchandise they buy from China and sell to Americans).

^Minor clarification. After the corporate tax cuts of 2017, the US has been running about $14,000,000,000 in the red per month. That's a per day deficit of $451,613,000.

All of that bailout money is being borrowed from China and a few Middle Eastern countries.

 

[rareboy]

Re: Situational Socialism

Supply chain management= price fixing cartel to protect incomes=subsidizing. Duh.
https://business.financialpost.com/...ick-canadas-2-6-billion-dairy-cartel-er-habit

You might as well be writing the farmers a cheque. We've been doing it for decades.

You don't understand supply management.

The concept is to make sure that the costs of production are met and that a fair price is charged for the end product that allows the producers and everyone in the supply chain to stay in business.

It isn't like mailing the farmers a cheque.

The government has nothing to do with it.

In fact, supply management was established to get the government out of the business of subsidizing farmers to produce and sell their products at a loss.

 

[gsdx]

Re: Situational Socialism

All of that bailout money is being borrowed from China and a few Middle Eastern countries.

That makes it even more interesting and ironic. I've never thought about 'borrowed money' for this situation.

 

[KaraBulut]

Re: Situational Socialism

That makes it even more interesting and ironic. I've never thought about 'borrowed money' for this situation.

It's what happens when you elect as President the businessman who lost more than a billion dollars in 10 years.

He runs the Executive Branch like he ran his company... into the ground.

 

[mikey3000]

You don't understand supply management.

The concept is to make sure that the costs of production are met and that a fair price is charged for the end product that allows the producers and everyone in the supply chain to stay in business.

It isn't like mailing the farmers a cheque.

The government has nothing to do with it.

In fact, supply management was established to get the government out of the business of subsidizing farmers to produce and sell their products at a loss.

It's also called price fixing for those who cannot compete on the open market. Canada had been doing it for decades against foreign markets especially America.