8/13/19: The president is on vacation;
but he’s working out his thumbs to be sure he stays in shape. In a single day
we get 49 tweets and retweets.
____________________
Trump’s
foray into socialism.
____________________
Unfortunately, Trump still hasn’t figured out how tariffs work. In one tweet, he complains because China hasn’t followed through on a promise to buy more U.S. agricultural goods. In another he insists tariffs placed on Chinese products are a “big gift” to the USA, “pumping vast sums of money into our system.” “Farmers,” he says, “are getting more than China would be spending [emphasis added].”
It’s more magic Trump Math. China is paying the tariffs! U.S. consumers are not. Somehow, if China won’t buy their products, farmers are getting more money! It’s all going great.
If farmers are getting more money, they’re not getting it from the Chinese. Agriculture Secretary Sonny Perdue says the Trump administration will provide a second round of aid to farmers who have lost a key market – tariff retaliation, by the Chinese, as any fool could have foreseen.
The total of two bailouts will exceed $30 billion.
 |
| This liberal blogger doesn't mind helping farmers. He will also be glad to explain how tariff works to the president. |
All sympathy to America’s farmers. They work hard to feed the world; and this liberal does not begrudge them aid. Still, let’s be honest. The farmers are being bailed out by America’s taxpayers.
A keen observer might describe this as Trump’s foray into
socialism. And does he pay any taxes, himself????
No comments:
Post a Comment