To: central_va
Farmers will go broke in masses in next 2 years.
54 posted on
07/12/2018 6:00:13 AM PDT by
mplc51
To: mplc51
Extremely unlikely - the vast majority of production is consumed in the US and farmers are 1) pretty adapt at adjusting to the next highest value for their land 2) Most farmers are commercial owned by large MNCs now 3) The tariffs we are adding are going to hurt these other countries far, far, far more than it hurts us and they are likely to blink first. When they remove their tariffs and trade barriers - and they will - Farmers and all US manufacturers will get a huge boost. You have to remember - EVERY country in the world practices protectionism vs the US.
In the early 1900s and going back to our founding, tariffs paid the bills in DC. Why is only 1% of our tax revenue tariffs today?
59 posted on
07/12/2018 6:07:10 AM PDT by
rb22982
To: mplc51
Farmers will go broke in masses in next 2 years.
You are correct. current prices for corn and soybeans are at or below cost of Production
66 posted on
07/12/2018 6:33:00 AM PDT by
BobinIL
To: mplc51
Farmers will go broke in masses in next 2 years.Corporate conglomerate farms NEVER go broke.
Over the last 40 years I never saw the WSJ lament the closing of one US factory. NOT ONCE!
72 posted on
07/12/2018 6:39:00 AM PDT by
central_va
(I won't be reconstructed and I do not give a damn)
To: mplc51
Very likely result.
And we’ve owned/operated farms in this county since 1889.
Am not asleep about the issues.
98 posted on
07/12/2018 6:57:19 AM PDT by
Texas Fossil
((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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