Wednesday, July 15, 2020

Trump's unprecedented bribes to farmers may be impossible to claw back, experts say

The U.S. farming industry may never be the same in the wake of Donald Trump's skyrocketing taxpayer-funded payments to the sector, warn policy experts and watchdog groups, according to Politico. Trump has been shoveling cash to farmers in order to try to offset the massive hit they've taken from his ongoing trade disputes and tariff wars with China and other countries. And Trump’s cataclysmic handling of the coronavirus has only heightened farmers’ pain. But as subsidies ballooned from $11.5 billion in 2017 to $32 billion this year, experts fear weaning farmers off the government-subsidized cash cow could prove next to impossible. https://www.dailykos.com/story/2020/7/14/1960708/-Trump-s-unprecedented-bribes-to-farmers-may-be-impossible-to-claw-back-experts-say

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