Tariffs backfired on US agricultural exports.
Farmer Bailout Coming Up
Farmers are harvesting one of the largest crops in history, while China holds off on buying U.S. soybeans
The Wall Street Journal reports Trump Explores Bailout of at Least $10 Billion for U.S. Farmers
President Trump is considering providing $10 billion or more in aid to U.S. farmers as the agriculture sector warns of economic fallout from his far-reaching tariffs, according to people familiar with the discussions.
The president and his team are weighing using tariff revenue to fund much of the aid, the people said, adding that distribution of the money could start in the coming months. A senior administration official said the discussions have centered on $10 billion to $14 billion in aid. The aid likely would go toward helping soybean producers, as well as other parts of the farm economy.
American farmers are harvesting one of the largest crops in history, fueling a glut that is driving down prices for corn and soybeans. Rising costs for equipment, fertilizer and other materials are also crimping profits. U.S. soybean farmers are estimated to lose roughly $100 an acre this year, according to federal data.
From January through August of this year, U.S. soybean exports to China totaled just over 200 million bushels, down from almost one billion bushels during the same period in 2024, according to the American Farm Bureau Federation. Meanwhile, Brazil has shipped more than two billion bushels of soybeans to China during that time.
When Trump placed tariffs on China during his first term, Chinese imports of U.S. soybeans plummeted, devastating farmers’ balance sheets. The the U.S. Agriculture Department has estimated that soybean growers accounted for more than 70% of the financial losses incurred by farmers during Trump’s first trade war.
The government sent about $23 billion to farmers to compensate. While soybean exports recovered in the following years, China has been squeezing American farmers out and has spent heavily to improve the agriculture supply chain in South American countries such as Brazil to fill the gap.
Gee Go Figure
Increase tariffs on fertilizer, on equipment, and on parts, then claim tariffs are paid by exporters.
Then do another bailout.
But the bailout is only for farmers, not small manufacturers clobbered by the same insanity.
Another Irony
Trump does not want China to produce more goods than China can use.
He complains about dumping.
Q: What is the US doing with soybeans?
A: Dumping, by Trump’s own definition, then selectively bailing out a favored group.
Don’t Worry, It’s Only $14 Billion
It’s only $14 billion because Trump only cares about farmers, none of the other businesses Trump is harming.
So far, Trump has collected $149.2 billion in customs duties during the first eight months of the year.
Nealy all of that is from US consumers and small businesses. The businesses either have to eat the cost or pass it on to consumers.
Those who cannot do either go out of business. Don’t worry about that either because Trump doesn’t.
Related Posts
February 11, 2025: Trump’s Steel Tariffs Now Will Work as Good as the First Time
Q: How’s that? A: Very poorly.
March 13, 2025: The Amazing “Success” of Trump’s 2018 Aluminum Tariffs in One Picture
I hope you can take a bit of headline sarcasm because the true story follows.
September 6, 2025: Trump’s Aluminum Tariffs Seriously Backfire Already
Tariffs did not and will not bring production back to the US.
September 30, 2025: A Sharp Deterioration in Consumers’ Views of their Current Situation
Consumer confidence declines again in September, led by current situation.
October 1, 2025: ADP Private Jobs Decline by 32,000 in September, Huge Negative Revisions
ADP revised August from +54,000 to -3,000 making 2 straight months of declines.
Trump-Related Sarcasm
Q: Is ADP in on the BLS conspiracy to make Trump look bad on jobs?
A: Obviously
Realistically, this is the expected result from inane tariffs. Close to half of all imports are items used in manufacturing, not end consumer items.
Small businesses and end consumers are getting killed by Trump’s tariffs.
Did I really vote for this dingbat’s waking policy lunacy?
14 Billion to Utube a recording crop burning show will be epic. Presently storage is full no where to ship it and those grain elevators aren’t free. The cost of long term storage are prohibited with not enough storage capacity.
Then the question will be how much seed and fertilizer to buy for 2026 with higher tariffs and bank interest rates? They know no one will be buying next year around the midterms as well so the optics would not be very MAGA like.
Grinning our man screwed us then paid us but can he keep doing it. Making racist jokes about people that would need to help farmers in the future will not sell to Democrats. It’s funny now but it’s not when grandpa’s favorite tractor is next up for auction.
Trump says the golden boom is coming so who going to buy in the future and how much will still be puzzling to any one farming.
Keep voting Republican must be the answer.
Mish, I whole heartedly disagree with your assessment and use of the soybean futures chart that only goes back to July 2020. The period between 7/20 and 7/24 is complete COVID EXPLOSION inflationary bologna and those inflated prices are exactly what need to get worked out of the economy.
Can you run that chart back another 10 years? It would probably show how those futures area bubble territory. Also, futures from August 2024 have remained steady, if not increased slightly, isn’t that better than blown bubbles? Look further into it, and you’ll see that the collapse occurred over a year ago in the last presidency so have nothing to do with tariff’s.
The farmer bail out is probably required to help the farmers pay off their wasted investments in equipment required to over harvest for the ballooned COVID period demand.
Farmers are struggling with fertilizer costs, equipment costs, parts costs etc due to tariffs.
Like it or not, they need higher prices.
Many are losing money at these prices even if they are normal excluding covid.
So, we ‘Muricans are going to pay higher taxes (in the form of tariffs, which are paid by importers and passed on down the chain), and then, with all that money we paid, we are going to bailout our farmers who were hurt by tariffs? Sounds logical…. If your Trump
They’re about to begin a heifer retainment initiative. They’re going to call it the Epstein Initiative.
The worst part of the bailouts/subsidies is that they will be distributed to those best suited to fill out paperwork from a corporate (farm) desk. The struggling American farmers working out there in the fields, pastures and pens rarely see the money.
Plus the federal government workers that Trump hates so intensely are not on the job to distribute his bribery scheme.
Plus the small guy isn’t a particularly large campaign donor, but, the big agribusinesses are!
Trump is also seeking a tariff dividend to Americans of up to $2,000. I thought he was going to balance the budget with tarrifs? So much for caring about the deficit/debt. Stimulus like this = upward inflationary pressure.
Trump is a disaster.
https://www.newsweek.com/donald-trump-proposes-new-stimulus-checks-up-to-2000-dollars-americans-tariffs-10822073
– Trump is a disaster.
> You just don’t know yet, so why say something not yet determined? A lot of Sates right now, have him on a pedestal, and rightly so given the Incredible job His Administration has been doing against Crime. Heck, some States have begged Him to send more their way and immediately!!
Trump and His Administration had an overwhelming agenda handed down to them, by easily the Majority of Americans by far!! Trump and His Administration has been coming through for the Majority of Them, and against the Full Will of the Democrat Party, who overwhelmingly lost the Vote.
Just like this recent stunt with the CR refusal, which they “Approved 13 Times Already” under the Biden Administration. So Americans are 100% NOT BEING PAID, because of the Democrats.
I consider this much more of a Democrat Big Problem, and the Republicans are simply trying to make it work until they smarten up. Absolute Zero Good came from this stunt, and that’s ALL it is…
That is not a dividend, it is bribery. The tariffs cover almost nothing and they were paid by Americans in the first place.
Trumps world is a circus tent that is poorly constructed and incompetently managed, a cow fart will blow it down.
Got gold mining stocks?
95% of AI deployments are not revenue positive. This bubble is epic and when it bursts it will be Trumps second disaster. (Recall him saying COVID was a hoax?)
Well, your hero, Milei is getting an even bigger bailout!!!!
And don’t give me the “it is just a swap loan” crap. They said QE was “just an asset swap” about 15 years ago. And here we are, several TRILLION dollars later after the “asset swap” started. It’s more like an “ASS-et swap”!
Wouldn’t have anything to do with all that oil and other exploitable mineral wealth ~
Would it?
They got what they voted for.
Hope they like soybeans.
mmmm mmm tofu for every meal.
He bailed them out last time too. And honestly when most of them are now huge corporate owned entities, why is this happening?
It may have something to do with Trump being a corrupt grifting crook, IJS
The ones getting the subsidies are the corporate “donor types”. Farms run by corporations with the staff to thread the Federal Governments paperwork needle. The average farmer is already under a pile of debt and paperwork and will never see a penny of those bribes.
They overwhelmingly voted for Trump, let them eat tofu. Elections have consequences.
Yes they do, which is why i voted for Trump over Harris.
Interesting, they have lost access to global markets because of Trumps poorly thought out tariff war, they should vote for the guy that fucked them out of their livelihood?.
Every village has to have an idiot I suppose…
>>>
Careful, Trump has tapped your phone, is talking to your boss and has the CIA monitoring your email.
Pretty much. Remember big balls has all your information. Who know s where musk ai will show up. Very targeted political advertising is prob the best you can hope for.
Trump’s tariffs are a disaster, but the prospect of the sure and certain calamitous disaster spectacle that would be a Kamala Harris administration does still favor voting for Trump.
Trump is in so far over his head (and we are strapped in). Has no idea what he is breaking. That goes for his two wings of (1) “reverse the clock” (to a world that never existed) fanatics and (2) tech fantasists. They grew up in abnormal siloed intellectualized worlds. They are modern artificially-disabled (severely blinkered) persons. They are willing to destroy so much, to drag it into their little mental schemes.
– Trump is in so far over his head.
> Trump is right where he wants to be, and fully in charge, and working extremely hard on the Agenda He was “Voted In” to accomplish. Sure He says some outlandish things at times, and don’t think that’s not for a reason. TDS is so strong, that Trump has His Direct Opposition 99% voting for the 20% Nation Wide Rejected proposals, that will never, ever pass, and the 80% Fully Nation Wide Acceptable proposals are ignored as going nowhere and not worthy of consideration. Reminds me of Dumb and Dumber…
– Has no idea what he is breaking.
> Sure He does, as He is breaking the Old Guard of Neocons and The Far Left Extremism’s, and any of there followers Down! He is marching to the beat of the 80% and delivering everything He can, or is allowed. When the Democrats 97% (3 have since smartly left that crumbling bridge they are on) Vote Against The Countries 80%, they look like the Fools that they are. It’s showing in the polls, with over and over Rejection! The Democrat Party will soon be “Under 20% Approval From Our Countries Citizens (ie. Voters), and that’s saying something and quite loudly!
Lean in to all of that, Stu, please with all your might
Each and every single day!
Trump is right where he wants to be, and fully in charge
To the best of my knowledge, none of President Trump’s EOs have been CODIFIED. Remember Biden signing document after document rescinding each one from Trump’s first term on day one of his time in office.
Permanence in DC is something which applies only to the corruption, grift, and self preservation which have replaced duty, patriotism, and honor…assuming the latter factors ever existed there to a great extent.
That’s why we call them politicians and not statesmen. No moral call to service instead of to themselves.
Godot will show up before any of that changes.
Republican/Democrat are just political labels. Let’s call them by what they really are: Parasites.
– Cashless Bail – 8/2025
– Declared a Crime Emergency in DC – 8/2025
Just 2 examples for a point.
While EO’s are Legally Binding, they can be challenged in the Courts is true, but… Try Reversing these 2 examples, after they have been shown to work, and very much highlighted the Real Problems!
Trumps Executive Orders “Reflect What the Voters Overwhelmingly Demanded” so “Good Luck” ending the Safety and Security they have finally achieved Via Trump!!! Not Happening…
Permanence, like a temporary tax.
On your knees servicing Trump right out in public, it’s embarrassing. Ok, do it in private but in public? I’d think you’d be against that kind of thing.
He does not care. The chaos keeps everyone off balance. That is what keeps him in power.
dont hear/see much about hungry Chinese people on streets. asking for USA; beans.
China cannot feed itself. They have had terrible famines in the past. They have vastly improved their situation.
Correct – And they are removing ant dependence on the US
As they should, as we are an adversary to them.
We should be doing the same, but America loves cheap stuff, and China certainly provides that. Perhaps Tariffs will help fix this issue a bit, but that remains to be seen…
To control conservative voters, the Pentagon needs an imaginary adversary.
Big problem affecting our future. Not only is China providing “cheap” stuff but the quality of their products is starting to surpass that of American made products. We are being left behind by American corporations where profit is the only motivator. Capitalism without strict regulation is failing, slowly now but in the near future all at once.
Except we’re their customer.
I don’t hear/see much about hungry American people on streets. asking for Chine Soybeans either. I guess both our Countries are Food self sufficient, or at least America is…
There are millions of Americans who cannot afford food without government subsidies. So America really isn’t food self sufficient.
Until 2025, the USA solved its perennial farm surplus problem – AG surpluses have plagued North American farmers since colonial times – by having the American taxpayer pay market prices for surplus agricultural products. Then they would please Jesus by distributing them to the hungry, both here at home and overseas. Not a surprise that you did not hear much about it. The surplus problem is so big the US government regularly pays many American farmers to not farm their land.
If they are at risk of bankruptcy after selling all their crops like corn and soybean to USA markets and other foreign markets, then the federal government could subsidize by purchasing some of the crops to send as foreign aid like through the United Nations.
Anyone who can improve the taste of soybeans stands to make fast fortune right now.
For a while McDonals sold a salad that had whole soybeans in it.
14 B ain’t squat.
Why do farmers ALWAYS get government support/bailouts? It’s not like there are a lot of them these days, so they can’t have that large an effect on the vote.
Are they a group that gives extra large campaign contributions? Or what?
Two primary reasons: one, food security (starvation is a real thing); two, the US Senate/electoral college.
security and traditions
ask french about food
Unlike the Usonians, the French have a cuisine.
Let them eat brioche
Agric is one of the most complex issues in econ. I’d like to see Mish address this. Meantime, while I enjoy your ‘campaign contrib’ comment, rest assured that agric is waaaay different from any other service/commodity/product; it is asymmetric vis a vis almost anything else.
The only thing that matters to Trump is Ai Tech and Military complex. Nothing else matters, food, farming, auto, oil, gas, electricity, health, education , they don’t make the BIG BUCKS. TEC CONTROLS TRUMP.
= Ai Tech and Military complex.
i asked AI how to survive w/out food. it answered: ASK ME LATER
I TRIED TO EAT BULLETS.. no luck
… make that Pharmaceutical-Military complex…
> TEC CONTROLS TRUMP
And who controls TEC? Hint: same as CIA, big banking etc. Getting to the heart of the matter.
His ZH handle is Zion Don for a reason.
Trump is mentally ill, his illness controls everything he says and does. He MUST have adoration and recognition or he goes off. Tell me his cabinet was serious sucking up to him at the last meeting. My guess is they all hated themselves for getting on their knees to him. The future should bury them politically.
>make all the farmers go under with stupid trade practices
>pay farmers with government money taken from other hard working people
I’m talking about communist China here, by the way. Obviously what’s going on right now is as Stu(pid) said “helping American farmers out of a bind!” A bind that just uh, happened suddenly for some reason!
U.S. Agriculture Contribution In the United States:
> 90% of total agricultural production value comes from family farms and ranches.
Employment in Agriculture:
> The Agricultural Sector contributes 10.4% of U.S. Employment, with roughly 22.1 Million Jobs.
Yeah, that’s a great idea! Kill off 90% of our Food Producers. Oh and while we are at it, Kill off 22.1 Million Jobs.
Who needs Food & Jobs? I know, I know… Americans!!!
I’m not so sure you understand what falls under the category: family farm. Ain’t exactly Green Acres.
$10B is 10 days of tariff revenue.
No problemo!
However, before we send the check out, we need to send in DOGE to confirm the monies are really needed and where exactly they’re needed.
=$10B is 10 days of tariff revenue.
2 days of deficit spending of 2 trln$ deficit
aka 2 000 bln / 365
Thanks for the math. When Congress steps up to the plate to do something about the $2T+ deficits, then your post will have meaning. Today, it doesn’t.
Apples to Oranges
what??
mor11on..
you posted your drivel as if USA HAS MONEY TO BAIL OUT FARMERS.
i posted. it is lie. IT IS MONEY PRINTING.! pure 100 %
======
time to reboot your Linux process!!
your hosting computer is overheating and you are posting gibberish!
alx
$300B in tariff revenue.
Do you not know how to spell moron?
=$300B in tariff revenue.
where did you take this figure?
out of your as111s??
ps
apparently you do know how to spell. it is your nick name here.
We’re bringing in upwards of $30B in tariffs each month, so the widely reported annual number is $300B, given monthly fluctuations.
Are you okay with your math? Or did that “raping of arithmetic” do something to your brain?
Yes, I’m the moron, and I’ve VERY proud of the moniker. Like ecstatic beyond belief. Keep’em coming!
Well, well…
I have been talking about this since springtime ~ before planting season. Anyone with even half a brain could/should have seen it coming. Apparently, not Trump, but as we know his mathematical skills are lower than a third graders. Last time Trumps tariffs harmed our farmers it ended up having a $50 billion price tag.
China is boycotting soy, corn, wheat, poultry products, beef and dairy. Fucking our farmers is nothing new for Trump. This little bailout will do little to make up for their pain and losses.
Nothing Trump says is true.
Trump brought America to its knees last term and rest assured he will do it again.
<<<
Frosty if im correct this is the second time the farmers voted trump/ republicans in. Do you think they will switch to the dems.
Or does these bail out buy their votes.
No.
I do not. Farmers have an extremely poor ability to admit they are wrong or change their practices. They are like a Jim Jones cult in their devotion to Trump and MAGA. Plus they are armed and will defend their land and families (as they should) if there were ever an exodus from the cities.
Think of farm country as a standing militia.
They love free money. FREE MONEY!
No because their hardship and bankruptcy means nothing compared to a raped child obtaining an abortion. Or a man in makeup and a dress reading a story to children. Or someone else not believing in Jesus (the Jew not the Mexican). So a bailout is basically them having their cake and eating it too.
Why do you have sympathy or compassion for farmers who rely upon our enemy who’s been at war with the US for over 30 years?
Odd how your “enemy” supplies all your consumer goods, ordered by your companies and bought by your consumers.
China is not your enemy, nor your friend. They are just another country, doing what is best for China, and Wall St totally enabled them to do it. Nations don’t have friends or enemies, just interests. You can be at war with them at one time (Germany and Japan, for example) then short years later they are selling you their goods and you are buying them, and they are buying your goods and services.
I’d say the reeal enemies of America are on Wall St. and the City of London, since it is their policies that have put you where you are now.
China secretly invaded our hog farms, and now controls 25% of our hogs. Which is why beef is so expensive.
Hogwash!
😉
‘Anyone with even half a brain..” Well, that rules out Trump and his entire Admin right there. If you added up all thier IQ points together, you would have a half-wit.
I say half-wit, generously, after watching Bessent and Lutnick talking on TV. I think their statements exemplify what is wrong with America right there – massive over-financialization that allows morons to rise to the top and become rich doing it. A true Idiocracy. I have smarter cans of soup in my cupboard.
Bessent looks like a deer in the headlights to me when he speaks.
AI circular spending is the only thing holding this house of cards up ~ plus the remarkable ability of the American people to get up, show up and keep spending on shit they really do not need!
The funniest part of this stock market bubble is that 95% of AI deployments thus far are not profitable. Very few AI companies will survive and the power requirements sill disappear for those that fail.
We live in interesting times!
– Bessent looks like a deer in the headlights to me when he speaks.
> That’s His confused look when speaking to the MSM and their inability to understand a word He is saying. As He must repeat himself until they eventually do, or move on as they are stuck in quicksand in terms of comprehension.
The bailouts will allow family farmers to catch up on a few bills before selling the family farm to big ag at a huge loss.
Pew Research (2023): Among Republicans, Ronald Reagan and Donald Trump are viewed as the best recent presidents, while Democrats favor Barack Obama.
This is true MODERN CAPITALIST SYSTEM.
Government makes sure Capitalists whether Wall Street Capitalists or Agri. Corporation capitalists are making profit.
Socialise the losses and privatize the profits.
That’s Win-Win system / The house always wins.
What has been happening in USA with continued enormous debt and deficit spending, interest rate suppression through recent debasement of the value of the US dollar (QE/zirp), plundering of the US treasury and resources of current and future citizens by the politically connected, isnt free market capitalism. It is *crony* capitalism, not much different from crony socialism or crony communism. All 3 will damage the society where they occur, whereas free market capitalism or even responsible, fair socialism would benefit a country. No economic system or philosophy can succeed if it is mismanaged in a reckless, irresponsible, unfair way. How to turn things around? No longer vote for the mismanagers and for decades that has been both the Republicans and the Democrats. Libertarian is the only choice on the ballot for balancing the budget. But whoever is elected, the voters should monitor their actions and hold them accountable in elections.
Winning trade wars is easy
Ya forgot the Sarcasm font! 😉
by tweeting mean memes
:)))
China buys around $10B in soybeans from the largest agri-corps in the US (maybe the world) that account for some 96% of exports, and what does Trump do?
Looks to pay them $14B to help them out – the corps and NOT the “family farmer”
Summary of Estimated Dollar Value of U.S. Soybean Exports (by Company):
Total U.S. Soybean Exports:
Seriously, you can’t make this crap up
Maybe he can take a page out of historical EU Agriculture policy.
Pay them to NOT produce soy beans.
Cheaper than paying for all those inputs.
I don’t know how to tell you this, but we also do plenty of that. I don’t know who did it first, but we started it during The Great Depression.
Sadly, true: “Federal bailout and subsidy payments disproportionately benefit large-scale farms and corporations, rather than small or mid-size family farms. The largest 10% of farm recipients have historically received the majority of farm aid, even as large farms make up a small portion of all U.S. farm operations.” —-AI Overview
Actually almost all family farms are incorporated or LLCs. Huge corporate farm entices are only about 10% of total farms although their output is over 13% of production.
The numbers aren’t perfect but close, I was surprised to find this out, that is if GPT is accurate. A stretch, I know.
– Tariffs backfired on US agricultural exports.
> This is not over by a long shot. When one door opens… Look at this, the same way as the chance to “Trim” some folks in the Federal Government that are no longer required in their roles but still getting paid.
>> Does anyone really think that they were caught off guard? Not a chance! This is not the sleep walkers group of American Comes Last. Nope, this is MAGA, so Plan B will now be implemented.I hear that SOME may be getting paid despite the Democrats Vote to not allow them to get paid. It’s being worked on by the Republicans, so sit tight…
– President Trump is considering providing $10 billion or more in aid to U.S. farmers as the agriculture sector warns of economic fallout. We seem to have a hiccup in things and need the “Taxpayers to agree with $10B for the United States Farmers” for America.
> I thought for a split second, that’s a large ask, so I thought some more. Senses Came Back Quickly as I quickly “Taxpayers Could have ended up “Not Agreeing to” the following: Estimates suggest that the costs associated with illegal immigration could reach up to $451 billion annually, covering expenses like healthcare, education, and welfare benefits for illegal immigrants. This figure reflects the financial burden on U.S. taxpayers.
>> SOoooo if we can Spend $451B on Illegals Yearly, We can Surly find a, Paltry In Comparison, $10 Billion Once, CAN’T WE? It’s Our Damn Farmers!
“Estimates suggest that the costs associated with illegal immigration could reach up to $451 billion annually, covering expenses like healthcare, education, and welfare benefits for illegal immigrants. This figure reflects the financial burden on U.S. taxpayers. …”
Arithmetic and commonsense are raped, beaten, and left for dead.
In a 49-page report released Monday, the House Committee on Homeland Security found that nearly half a trillion dollars is being lost in the healthcare, law enforcement, education, housing, and other sectors due to an influx of illegal immigration in the past two years. The $451 billion figure takes into account the millions of illegal migrants released by Secretary Alejandro Mayorkas’s Department of Homeland Security, as well as 1.7 million so-called gotaways, the Center for Immigration Studies revealed in May.
“Every day, millions of American taxpayer dollars are spent on costs directly associated with illegal immigration and the unprecedented crisis at the Southwest border sparked by Department of Homeland Security (DHS) Secretary Alejandro Mayorkas’ policies,” the committee staff report states.
We just approve $45b for Homeland Security. Most is going to non-bid contracts, lots of new prisons and I suspect a lot of skimming off the the top for something that could be done cheaper with e-verify, but that would make the Republicans mad because they actually like to employ these people because they can pay lower wages. And now we are adding $10 B for farmers. For a party that never liked big government – it is growing wildly.
What $35 Billion non bid contracts are you specifically talking about? I have not even heard of one. With what no-bid company did these $Billions of dollars go to exactly.
Lol.
By Whom exactly?
Total bullshit cost estimates
One of their numbers is 80 billion in additional costs to public education because of the ~5.4 million public school students who are English Learners. If you could wave a magic wand and make the illegal children/the American-born children of illegals disappear, the public school budget would not go down by 80 billion dollars. My hunch, well over 40 billion would remain in the cost of public education.
“Arithmetic and commonsense are raped, beaten, and left for dead.”
That’s a pretty vulgar thing to say. Does it make you feel good to talk like that? Does it give your post more veracity? Is there a less hyperbole way of making your point?
Yes.
Where did you get the imagined number of $451B.
From the Cato Institute via GPT
Gross spending (federal + state + local) that can be attributed to services used by undocumented immigrants — depending on what you include — is plausibly anywhere from the low-tens of billions up to, in some methodologies, over $100 billion in a recent year.
Net fiscal impact (spending minus taxes and other contributions) is much smaller and is disputed among researchers — some studies find a small net cost, others find net fiscal neutrality or even a net fiscal benefit over long horizons, depending on age, education, and which public services are counted. Cato Institute+1
– Where did you get the imagined number of $451B.
> Homeland Security
Your verification that the number is pure bullshit is confirmed. Thank you.
Taco has finally realized that his ratings continue to plummet and is trying to do something to try to slow the decline.
Nope, simply helping our U.S. Farmers out of a hiccup…
can i have 100.000 $ . i had small hiccup too
Only if you believe fake, left-leaning polls. That’s exactly what they said going into the 2024 election, and then Trump kicked Comrade Kamala’s ass in all seven swing states.
And desperately trying to make the Epstein pedo buddy revelation disappear.
Trump wasn’t there, so it’s irrelevant for Him, but Trump doesn’t feel the Country or Our Government needs this issue to deal with right now. Our Country Needs ALL of Our Attention!
If the Democrats, like their latest CR stunt, would stop Playing Games we might be able to get things done!!!
So would subsidizing farmers be an unfair trade practice? Oh well, tax the auto companies and use the money to bail out the farmers.
Nope, but it is called “Looking After American Farmers”
No it’s not, Stu, if you hate Trump, it’s called blind hate.
Keep giving these Trump haters a hard time. They need it ; )
Except they wouldn’t need “looking after” at all, but for Trump’s moronic policies.
Hating Trump is so easy, and getting easier everyday, because of his actions, his words mean nothing anyway,.
Eadoman, Ford & GM CHOSE TO SEND PRODUCTION TO MEXICO & CA.
The last I checked, we can’t outsource our food production on a similar scale.
Personally, I’m not big on subsidies, but food production is probably a reasonable need to send farmers some mulla from time to time. But I would want the small farmer to be taken care of before ADM, et al.
Déjà vu
“U.S. farmers lost $27 billion in agricultural exports between mid-2018 and 2019 as a result of a trade war with China, according to a 2022 report from the USDA. The first Trump administration responded to the crisis with a $28 billion bailout for farmers”
“The takeaway that we have from the data of the last time we did this is that the U.S. lost about 20% of our market share, and it never came back”
But somehow, this is what America wants. I am just going to watch what happens next.
So your saying screw the Farmers, and then they go under, and we have to buy our food elsewhere throughout the World?
Heck we did this for damn Automobiles, and your squawking about Our Countries Food Supply…
Stu, I don’t think dtj really understands what he’s saying. See my post above.
How about we grow what WE need and not try to make an export business out of everything?
Exactly. Soybeans grown for other countries…..how about growing food for Americans, making food cheap in America, which would improve the standard of living and health of Americans – and make America more competitive and efficient, and improve the economay as those consumers would have more discretionary income to spend.
Or we could just have giant agro-corps, who don’t care about any of those things. How do you think GMO food came about anyway.
We’re talking mostly soy.
Most soy in the U.S. ends up in animal feed (either directly as meal/beans or indirectly via by‐products).
A decent portion is used for soy oil, which does contribute to human food (cooking oils, processed foods).
Only a small slice is used for more traditional “soy foods” (tofu, soy milk, etc.).
Farmers planted soy for overseas markets not American dinner tables. My guess is much the same for corn but more domestic products like ethanol, corn oil and animal food, again not for America’s dinner tables.
according to a 2022 report from the USDA
Wait, you mean that same USDA that was under Brandon’s control?
No, I don’t think so.
This is hilarious. Go read the report, dude. On page 2, look at the bounce back that occurred after 2017-18.
Yes, they plunged for one year then snapped back substantially. Here’s a chart for soybean exports to China over the past 15 years.
saupload_quantity-US-soybean-exports-to-China-1997-2022.png (911×661)
Yes a snapback as sanity set in – Then Trump did it again.
Same mistake repeated.
Perhaps no snapback this time.
Repeat mistakes with Aluminum and Steel
TNL
Trump never learns
Sure. You may be right or I might be right. Time will tell.
Brazil thanks Trump
Trump and MAGA never learn, they live in fantasy land.