Posted on 07/29/2018 5:48:39 AM PDT by Kaslin
Sasse is an a$$.
So where was Sasse when farmers’ grain lost over 50% of its value under Obama?
Yeah..., tell me about all the "Price Supports" where farmers are paid NOT to grow certain crops..., never heard any stories about those payments being refused! Have you?
So they finally admit that consumers ultimately pay taxes on businesses.
https://www.fsa.usda.gov/FSA/webapp?area=newsroom&subject=landing&topic=foi-er-fri-pfi
“but to bank failures”
The bank failures had nothing to do with Smoot-Hawley, as it was passed in 1930, not 1929.
Nice try, jerks.
Trade retaliation due to S-H was responsible for maybe 5% of the deflationary pressure after 1929 but most of the problem was due to the refusal by the Fed to do their job and increase credit to the member banks that were failing. Once confidence in the Ponzi scheme was lost, the bottom fell out from under them.
In the last recession Bernanke went absolutely the opposite direction and did in fact manage to reflate the economy, but of course at the cost of massive national debt.
Without going into the larger debate of whether fiat money and reserve banks make sense, the basic systemic facts are that these things are what made the Depression, not international trade restriction.
The United States have free trade: across state lines. Does it make sense to extend that to the world at large? Only if everyone plays by the same rules, and only if the populace of the nation agrees that it’s in their interest.
Thus tariffs exist, and in general, if well managed, benefit us.
More crazy, anti-Trump ravings.
Hatred for our President just oozes out of every word these intellects write (you know, impressive sentence like “the protectionist win-lose jibber-jabber will vanish amidst legitimate talk way beyond win-win. It would be a situation of win-win-win-win….”).
Screw them and the donkey they rode in on.
Trump’s secret identity is Edmond Dantès.
7
Sasse and his croney never Trumpers are balless losers. They are having a hard time coming to grips with Trump’s art of making deals. Sad.
If he doesn’t announce his retirement from the Senate, he HAS to be primaried. One of the worst, along with McCain, Flake, Corker, Collins and Murkowski.
I believe it is 24 million acres that are in the CRP program where farmers get paid to NOT raise crops.
Sasse is a good friend of Jonah Goldberg’s—which should be all they need to know.
They snicker together about their anti-Trumpism (on Jonah’s podcasts).
I'm tired of this crap.
Trump is a smart, smooth leader who is going exactly where he wants to go and is pleasing more than half the US as he does so. No need for name-calling. He is probably the best president this country has had in my lifetime. I think I put him above Reagan at this point.
Sasshole turned out to be a real POS.
Yes he is.
The author appears to call unilateral open (non-tariffed) trade with protectionist partners “free trade”. I disagree, and so does President Trump.
The smarm is strong with this one.
Those aren’t price supports. I’m not sure there are any price supports left, maybe for sugar and peanuts.
CRP acres are under contract for 10-15 years, and are subject to many rules. Natural habitat for animals has to be enhanced, and the land is accessible to the public. CRP acres are rented for public wildlife habitat, and to slow water runoff.
Good point.
There is a long list of ways the farm industry has been favored in contrast to the other sectors. That would include subsidies for crop insurance, the food stamp program, mandate for ethanol in gasoline, reduced state and local property taxes for agricultural assets such as land and equipment, and the supply of subsidized labor through our immigration system.
For the most part, farming has become a big business while still being viewed in light of the 1930's.
My mom worked for a while in my home county’s ag extension office. One of her duties was helping the farmers who came in there register for the available government programs. She told me there was a 10’ shelf behind her desk full of the program manuals and rule books. Mom liked the job as our family had gotten to know many of the other farmer “clans” throughout the county since our family became farmers and 4-Hers in the mid-60s. She could socialize and catch up on “who’s doing what now.” Socializing...but Mom was always puzzled why so-and-so would come in that ag office and apply for “assistance”. These guys were big-time operators. What?
It dawned on her these program applications weren’t because of need. They were there “just because”, and you’d be a fool not to get yours. Mom got pretty jaded about the whole deal and quit.
Q: How to you starve a farmer?
A: Weld his mail box shut.
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