The f*ck you say!
Just like the 2017 trillion dollar tax cut for corporations and the wealthy, the farm bailout to ameliorate the pain from nitwit narcissist Donald "Not Exonerated" Trump's trade wars will benefit the part of the Republican base that matters most:
The Trump administration last week revealed details of a $16 billion aid package for farmers hit in the U.S.-China trade war, with key provisions meant to avoid large corporations scooping up big payouts at the expense of small farmers.
According to a report released Tuesday by the nonprofit Environmental Working Group (EWG), most of the $8.4 billion given out so far in last year’s farm bailout went to wealthy farmers, exacerbating the economic disparity with smaller farmers.
An EWG analysis found that the top one-tenth of recipients received 54 percent of all payments. Eighty-two farmers have each so far received more than $500,000 in trade relief.
One farm, DeLine Farm Partnership of Charleston, Mo., has so far received $2.8 million.
Not sure what the "patriotic" small farmers Trump expects to soldier on can do with $5,000. That might just cover a month's operating expenses on a small farm. Meanwhile, markets that these farmers used to sell to are being lost forever, all thanks to the Very Stable Genius's ignorance about how tariffs work.The top 1 percent of recipients of trade relief received, on average, $183,331. The bottom 80 percent received, on average, less than $5,000, EWG said. (our emphasis)
Winning!
