Why Trump’s new farmer bailout could hurt agriculture

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President Donald Trump's snap decision to send billions of dollars in new aid to farmers could be bad for the farm economy and the federal budget

President Donald Trump's snap decision to send billions of dollars in new aid to farmers could be bad for the farm economy and the federal budget.

Farm groups are headed to the White House on Thursday afternoon to join Trump as he announces what may be as much as a $20 billion boost for agriculture. The American Farm Bureau Federation and groups representing soybean, corn, wheat and pork producers are expected to attend, as well as lawmakers including Sen. John Hoeven , who has worked closely with the administration on the aid package.

“[W]e want farmers to make decisions on how many acres of corn and soybeans to plant based on the market and not something the government’s doing,” he said. Rainfall in the Midwest has delayed planting, so many farmers can still switch up their crops. Even the prospect of another round of trade assistance could encourage them to plant more soybeans, Coppess said.

 

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Trump already blew up the deficit! He is spending money like crazy to keep his shit ideas afloat

A nice socialist move by a president trying to emulate Joseph Stalin.

GOP loves socialism when it helps their voters

MAGA farmers, please enjoy your Socialism while voting again for Trump TrumpCoverUp TrumpTantrum

Trump requesting a SECOND 16 Billion Dollar bailout for farmers harmed by his Trade War with China. Apparently, China is paying the Tariffs (they do NOT, despite Trump’s claims- US importers of Chinese goods do), in the same way Mexico is paying for the wall.👀🤬🇺🇸

Conservatives dont like free handouts, what is this

Trump's never made a decision he's felt needed to be thought through.

TrumpIsUnfitToGovern ImpeachDonaldTrumpNOW

ETTD

Not free market, it a price distortion and it creates moral hazard and it is not sustainable. Outside of that it is great.

Trump's tariff war is ENDING many family farming businesses. His bailouts to them is SOCIALISM. Redistribution of wealth due to his idiotic tariffs.

They don't want bailouts they want markets. Remember when we bailed out the banks?

Trump is buying votes. Again.

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