January 16, 2020

Some real stats on Trump and farmers


Trump’s China deal: 
 -China agrees to buy $50B of ag products this year.

-That's a gain of $29B from before Trump tariffs.

-Trump tariffs have cost U.S. farmers $11B.

-U.S. taxpayers have spent $28B on emergency payouts to farmers.
 -So loss to U.S. is $39B. You do the math.

1 comment:

amaranth farm said...

Not all farmers are equal. These payouts you speak of, they go to interests that are more accurately described as Agribusiness, capital A. Farmers, small f, stewarding small tracts are what more agriculture should be based upon, but are a dwindling breed; like myself...