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re: I’m ready to be back in a Trump economy!
Posted on 3/26/24 at 6:52 pm to RogerTheShrubber
Posted on 3/26/24 at 6:52 pm to RogerTheShrubber
quote:
President Trump raised tariffs on goods imported from China. The Chinese government responded by imposing new import taxes on US agricultural products such as soybeans. To help mollify the farmers who lost sales to China, Trump opened the federal trough and gave them $28 billion in cash payments and other subsidies. According to one analysis, just 82 agribusinesses got more than half the money.
We didn't lose any bean sales to China. They are still begging for our beans.
Explain to me how this had more impact on inflation than Biden's environmental regulations.
This post was edited on 3/26/24 at 6:54 pm
1
Posted on 3/26/24 at 6:56 pm to loogaroo
quote:
Explain to me how this had more impact on inflation than Biden's environmental regulations.
Its a stimulus.
the Green push helps the economy, temporarily. Its choosing winners and losers, but the gov is handing out stacks of cash.
Its dumping shite loads of money, down the road, when the subsidies fall away that it will crash.
Its artificially propping up the economy through deficit spending, just like Trump.
Just more propping up the present that will hurt those in the future.
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