Wednesday, April 17, 2019

WAR ON AMERICANS?

It seems as if President Trump is at war with Americans.  His tariffs are pushing up prices, taking away whatever benefit they may have received from the tax cut.*  In addition, many farmers are leaving their crop of soy beams to rot in the fields because of the tariff war.**
The government will pay up to $9.6 billion to crop and livestock producers to buffer the impact of the Sino-U.S. trade war, announced Agriculture Secretary Sonny Perdue on Monday, with the release of a second and final round of $4.7 billion in the Trump tariff payments.**
Still, lots of farmers are going bankrupt.*  His attacks on our allies are isolating us in the world. His attacks on abortion are limiting women's choices, but one is insisting that a woman should get an abortion.**

Here is one estimate of the costs to Americans from the Global Trade War:*
(Click On Figure To Enlarge)

*https://www.nytimes.com/interactive/2018/07/12/upshot/trade-war-cost-families.html
https://www.salon.com/2019/02/13/midwest-farmers-going-broke-at-record-rates-thanks-to-trumps-trade-war/
** As it turns out, the Federal government is helping farmers cope with the manufactured tariff problem by subsidizing them.
https://www.agriculture.com/news/business/trump-to-cut-soybean-farmers-a-check-for-165-per-bushel
https://www.agriculture.com/news/business/trump-writes-soybean-farmers-2nd-check-for-tariff-troubles
*** Although in American we don't pay women to have babies (though we do give a $1,000 tax break per child****), it is known to happen in the world (e.bg. Japan and a part of Italy)
https://www.weforum.org/agenda/2018/01/why-people-in-japan-are-being-paid-to-have-babies
https://www.bbc.com/reel/video/p06q933g/the-town-that-paid-women-to-have-babies
**** https://www.irs.gov/newsroom/ten-facts-about-the-child-tax-credit

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