Trump Trade War Helps Push Farmers Into Record Number Of Bankruptcies

So you do not agree with the socialist fanatics who cry about the disparity of wealth in America?

 

Why are you bent on tangents? Stay focused on the topic man!

 

I happen to care about us farmers. Even communists eat and their money is good.

 

You mentioned the American standard of living and I am replying

Standard of living for who?

 

If china buys its food from somewhere else on the world market that creates a shortage for another nation

Which American soybean growers can fill

 

Not now. But if more continue, that’s the end result. It’s called thinking ahead.

 

LOL are you seriously disputing that Americans have one of the best standards of living in the world?

 

We are higer than darkest africa

And central america

Our welfare bums have air conditioning and big screen tv’s that are the envy of poor people in undeveloped counties

But to the wacko left that is not enough

They want a marxist society where everyone has the same

 

Oh its coming is it? Oh just you wait Henry Higgins! Just you wait!



Thanks for admitting you couldn't back your claims up once again.

 

Obama's inauguration was Jan 21, 2009. Most of January's job losses were still under the Bush administration, but the facts are as follows. Job losses during the early months of Obama's Presidency:
Jan 2009--818,000; Feb--724,000; Mar--799,000; Apr--692,000. This is the condition of the economy Obama INHERITED from Bush. The average job loss for those first four months was 758,250 per month. By comparison, after one year in office, and with a Democratic Congress, job loss in January 2010 was 40,000. The numbers continued to both climb & decline monthly thru 2012, but after 2010, efforts toward cooperative work between the White House & Congress continued to erode, making any progress more difficult. Yet, in spite of that, the last 21 months of Obama's Presidency, coupled with an uncooperative Republican Congress, Obama succeeded in producing more NEW JOBS than Trump was able to produce in his first 21 months WITH a Republican Congress.

 

So the 700k average was during the obama first few months and going into the 3rd year of a dem congess. Thanks for the detail. You also have to remember the market had to respond to the November election of obama...didn’t respond well.

Also what was the unemployment rate going into the next year? Obviously job loses are gonna slow down, but what was the unemployment rate doing??? Here’s a hint climbing

 

Commodity prices are flat under Trump after falling for several years under Obama

 

Yes, of course. But those same affects of the Great Recession would have happened regardless of who was in the Oval Office at the time. Obama fell victim to Bush's economic policies--
Republican policies, and had to deal with that as best he could. Overall he did a good job, and deserves credit for his actions rather than contempt.

 

I didn't make any 'claims'. I made a prediction based on the current information.

If farmers are going bankrupt, and that doesn't stop, then ergo, eventually, all the farmers will go bankrupt.

I doubt it will fully happen, considering the level of subsidization of the US Agricultural sector, but do you think that can stand in perpetuity?

 

For sure. But that still hasn't reduced the level of subsidization to US Ag thats at about 350 Billion since 1996

https://seekingalpha.com/article/4199684-huge-world-farm-subsidies

Do you see that as sustainable?

 

I see you need to be educated on your own claims once again. You said:

Not much of a nation if you can’t feed your people. Or do you plan to just import food?

Never did you provide a shred of evidence that enough farmers have been effected that it would effect food availability in this country as you claimed.

So once again you cannot support your claims with any facts at all.

Far too easy Cubed.

 

They looked at a state. But nationally bankruptcies fell for said farmers.

 

I've unbolded and rebolded the pertinent word. See if you can figure it out.

 

Ag subsidies are a long time Democrat program. Was it wrong for them to create the program?

 

Oh Brother

Now the duty of the Federal Government is to feed us all.

 

The tariffs on China are obviously still far to low. Trump will probably adjust them very soon.

 

Eh. I think creating it was an ok idea. Leaving it to run in perpetuity without any sort of game plan as to how to help them into a situation where they wouldn't need subsidies is the problem.

Where did I say that? I doubt that, in such an event, the Govt would just give the food away for free. The US is still a capitalistic economic system overalll.

 

lol Trying to backpedal already. The usage there is if a then b. Since you can't prove a the wording doesn't change the reality of your argument nor does it change the conclusion you incorrectly drew that we would have to import our food.

Try again

 

The reason for the subsidies are simple, to keep our food cheap. If not it hurts the poor the most, take those away and your food sky rockets because we can't import everything.

 

Don't know what a hypothetical is do you?