Trump is Borrowing Money from China to 'Pay Our Farmers to Not Sell Their Crops to China' (Congress, poll)
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The irony is rich here. The debt under Trump is growing at a rapid rate, ever since Trump's tax cuts went into effect. 83% of the tax cuts went to the top 1% but the net result is less money is coming in.
Trump has been putting tariffs on everything, not just China, but everywhere. But farmers are suffering as a result, so Trump says "Farmer Bailout!" Except we don't have the money to pay farmers, so what does Trump do? Borrows the money from China! Trump borrows the money from China to pay the farmers who are going broke because they can't sell to China.
So we are supposed to believe that before Trump no money was borrowed from China and the congress had no part in it.
The democrats continue to write the fairytales but they can't improve on the old ones.
The truth is China is in trouble and a global threat and some in both parties want to defend China while selling out America. Both parties want in on the profits from a Ponzi scheme.
Trump is a threat to the profits expected and counted on by politicians and others.
The irony is rich here. The debt under Trump is growing at a rapid rate, ever since Trump's tax cuts went into effect. 83% of the tax cuts went to the top 1% but the net result is less money is coming in.
Trump has been putting tariffs on everything, not just China, but everywhere. But farmers are suffering as a result, so Trump says "Farmer Bailout!" Except we don't have the money to pay farmers, so what does Trump do? Borrows the money from China! Trump borrows the money from China to pay the farmers who are going broke because they can't sell to China.
I wonder how this affects grifter daughter Trump's trademarks. Oh wait...
Quote:
Donald Trump's China Tariffs Don't Apply to Ivanka
Despite her father’s rallying cry to “buy American and hire American,” 100% of Ivanka Trump’s fashion products were made overseas—at least until early 2017.
And now her goods are avoiding the sweeping tariffs enacted by President Trump in his trade war with China. On Friday morning, Trump implemented $34 billion in tariffs on Chinese goods ranging from auto parts to medical devices, according to the Huffington Post.
Clothing and shoes, like those imported by Ivanka Trump’s company, were spared.
So we are supposed to believe that before Trump no money was borrowed from China and the congress had no part in it.
The democrats continue to write the fairytales but they can't improve on the old ones.
Since when did we need to put tariffs on products resulting in making farmers so poor that they need billion dollar bailouts? And now we need to borrow the money from China to give to the farmers as bailout money, due to Trump's tariffs.
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Originally Posted by sickofnyc
I wonder how this affects grifter daughter Trump's trademarks. Oh wait...
Actually, Democrats won the right to sue Trump over emoluments including her patents, so stay tuned.
Good luck with that. Farmer's support for Trump is wearing out and they are beginning to lose patience with the President.
Farm Futures recently published a poll indicating support for the president is eroding, primarily over the trade issue.
The online poll of 924 farmers showed that 60 percent of farmers would vote for the president if the election were held today. That’s down from the 75 percent support Trump received from growers in the 2016 election.
While 24 percent said they would not vote for Trump’s re-election, 17 percent were unsure. Only 78 percent of those who voted for the president in 2016 said they would still vote for him today.
It's barely been two years and Trump's support among farmers has already eroded by a good 15%. No wonder when soy bean futures are expected to be in negative percentage points all the way through 2020 thanks to Trump's ever so clever trade war against the American farmer.
Farmer's tend to vote for the person more than they do the party and many are beginning to seriously question Trump. It's about time.
Good luck with that. Farmer's support for Trump is wearing out and they are beginning to lose patience with the President.
Farm Futures recently published a poll indicating support for the president is eroding, primarily over the trade issue.
The online poll of 924 farmers showed that 60 percent of farmers would vote for the president if the election were held today. That’s down from the 75 percent support Trump received from growers in the 2016 election.
While 24 percent said they would not vote for Trump’s re-election, 17 percent were unsure. Only 78 percent of those who voted for the president in 2016 said they would still vote for him today.
It's barely been two years and Trump's support among farmers has already eroded by a good 15%. No wonder when soy bean futures are expected to be in negative percentage points all the way through 2020 thanks to Trump's ever so clever trade war against the American farmer.
Farmer's tend to vote for the person more than they do the party and many are beginning to seriously question Trump. It's about time.
A majority still support Trump in spite of what he's done to them. Now the farm bill is going to expire tomorrow so there's that, but this borrowing from China to pay farmers who aren't selling to China is insane.
Since when did we need to put tariffs on products resulting in making farmers so poor that they need billion dollar bailouts? And now we need to borrow the money from China to give to the farmers as bailout money, due to Trump's tariffs.
We have been borrowing money from China for a long time. For any and every reason without hesitation. The democrats and republicans ran up 9 plus trillion in debt without a care in the world about paying it back. How much did they pay back over the last 10 years ? ZERO
Quote:
Actually, Democrats won the right to sue Trump over emoluments including her patents, so stay tuned.
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