Wondering who the famers are going to employ to plant and pick crops after immigrants are rounded up and tossed out of the country. 97% of the workers on US farms are immigrants.
Also, are they going to get a bail out this time? If there is no bailout, a lot of land is going to go unplanted, beef and chicken will suffer as well.
I don't expect that we will be doing very well in the near future. I figure it will take a year to kick in.
Many agribusinesses didn't do too badly with the Trump tariffs because his administration provided a historic amount of taxpayer money.
Yes, agricultural exports to China fell to only $9.1 billion by 2019. However, from 2016-2019 the Trump administration used the Commodity Credit Corporation to provide $28 *billion* in additional subsidies beyond those authorized by Congress.
The CCC is run by a board of directors appointed by the President. It has the authority to borrow up to $30 billion without Congressional approval, and the Secretary of Agriculture has the sole authority to decide how to spend that money. According to the Congressional Research Service, "The corporationтАЩs permanent, indefinite funding authority means that trade aid expenditures are reimbursed annually as a net realized loss, thus increasing total federal spending.тАЭ
Trump will undoubtedly provide agribusinesses with historic subsidies. I have little doubt the CCC will end up borrowing up to their $30 million satutory limit.
Trump's Chief of Staff and other cabinet officisals will only let Musk destroy parts of the federal government they don't like or think they need.
Trump's not smart enough to know why he needs the CCC, but his Secretary of Agriculture likely will be. It's not like using the CCC to borrow $28 billon was Trump's idea. Because it didn't involve him having to sign anything, I seriously doubt he even knows where that money came from. Trump just knows that "he" provided money to farmers (which he bragged about in 2019.)
They'll gut the rest of the USDA, but the CCC will stay. Remember, for Republicans corporate welfare is completely acceptable. I wouldn't be surprised if big agribusinesses got most of that $28 billion.
Farmers already experienced the consequences of tariffs and voted for Trump anyway, apparently, going by results in places like Iowa and WI.
Wondering who the famers are going to employ to plant and pick crops after immigrants are rounded up and tossed out of the country. 97% of the workers on US farms are immigrants.
Also, are they going to get a bail out this time? If there is no bailout, a lot of land is going to go unplanted, beef and chicken will suffer as well.
I don't expect that we will be doing very well in the near future. I figure it will take a year to kick in.
Us old folks who depend on Social Security and Medicare? They can plow our dead bodies under for fertilizer.
Many agribusinesses didn't do too badly with the Trump tariffs because his administration provided a historic amount of taxpayer money.
Yes, agricultural exports to China fell to only $9.1 billion by 2019. However, from 2016-2019 the Trump administration used the Commodity Credit Corporation to provide $28 *billion* in additional subsidies beyond those authorized by Congress.
The CCC is run by a board of directors appointed by the President. It has the authority to borrow up to $30 billion without Congressional approval, and the Secretary of Agriculture has the sole authority to decide how to spend that money. According to the Congressional Research Service, "The corporationтАЩs permanent, indefinite funding authority means that trade aid expenditures are reimbursed annually as a net realized loss, thus increasing total federal spending.тАЭ
Trump will undoubtedly provide agribusinesses with historic subsidies. I have little doubt the CCC will end up borrowing up to their $30 million satutory limit.
Not if Musk has his way
Trump's Chief of Staff and other cabinet officisals will only let Musk destroy parts of the federal government they don't like or think they need.
Trump's not smart enough to know why he needs the CCC, but his Secretary of Agriculture likely will be. It's not like using the CCC to borrow $28 billon was Trump's idea. Because it didn't involve him having to sign anything, I seriously doubt he even knows where that money came from. Trump just knows that "he" provided money to farmers (which he bragged about in 2019.)
They'll gut the rest of the USDA, but the CCC will stay. Remember, for Republicans corporate welfare is completely acceptable. I wouldn't be surprised if big agribusinesses got most of that $28 billion.