Let ‘s explain something….
The party against money for poor Americans….
Against Social programs for older Americans…
Against Healthcare for those who can’t afford it….
Is making payout to American farmers because Donald Trump is having a Trade War with China, Canada , Mexico and the rest of the planet…..
He’s giving out taxpayers money collected by the IRS…..
$4.7 BILLION…
And what will we get?
HIGHER prices for imported goods….
Laid off workers from American export companies….
Some of those companies and farmers going out of business….
States having to pay jobless benefits for those with out jobs…..
Makes Sense?
“The level of damage is not the same for each commodity,” he said in a written response to questions submitted by The Associated Press.
He estimated that there would be more than 784,000 applications for relief.
The USDA has since released a detailed analysis of how the department made its calculations.
The breakdown has stunned corn and wheat farmers who say the payments are uneven and won’t do much of anything to help keep struggling farms afloat.
A lobbying group that represents wheat growers is challenging the way the administration determined payments for wheat farmers, who are set to receive 14 cents a bushel. Chandler Goule, CEO of the National Association of Wheat Growers, said the USDA assumed U.S. wheat would be sold to China this year when it made its calculations. But the assumption was flawed, he said.
China typically makes its requests for American wheat between March and June. U.S. wheat farmers have sold, on average, 20 million bushels of wheat to China over the past three years. But none came this year, Goule said, as Trump escalated his threatening rhetoric on trade with Beijing. He hopes the per-bushel rate for wheat goes up if there’s a second round of payments.
“I am very certain that we will not sell any wheat to China this year,” Goule said. “The window we sell in has come and gone.”
The response among farmers has been mixed. While some are grateful for the help, most are eager for the trade disputes to be quickly resolved….
Note….
U.S. wheat farmers have sold, on average, 20 million bushels of wheat to China over the past three years. But none came this year….