timelets: (Default)
[personal profile] timelets
The Plan (tm) will make consumers pay twice: 1) new tariffs on imported products, and 2) new government subsidies to farmers. Just to think about it: Covfefe is going to use Depression-era laws to subsidize farmers during economic boom times. And he doesn't care about the costs because he's buying votes with somebody else's money.

As midterm elections loom, administration officials have tried to reassure farmers, saying they are considering the use of Depression-era programs, which permit borrowing of as much as $30 billion from the Treasury, as well as other tools to shield farmers from trade-related losses. Agriculture Secretary Sonny Perdue said in Chicago last Tuesday that the agency aims to have a plan ironed out by this fall.

https://www.wsj.com/articles/trade-fight-threatens-farm-belt-businesses-1530529201

Profile

timelets: (Default)
timelets

February 2026

S M T W T F S
123 4 5 6 7
8 9 10 11 12 13 14
15 161718192021
22232425262728

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Feb. 18th, 2026 11:05 am
Powered by Dreamwidth Studios