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WaPo: first round of China tariffs cut US exports 25% on average (Chinese imports only fell 5%). so good and easy to win
professor zovek
May 16, 18:40
whoops. $62m of farmer welfare paid out by US to two Brazilian crooks, guilty of bribing officials in their home country
professor zovek
May 16, 19:08
We are paying money to relatives of farmers supposedly affected by tariffs, including cousins. We are paying to subsidize farmer's markets.
forlorne
May 17, 09:32
US soybean farmers had a market: China. they didn't need any subsides before the tariffs destroyed that market. and it's not coming back
professor zovek
May 17, 10:50
i WAS agreeing with you, until you claimed there weren't previously subsidies
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forlorne
May 17, 11:51
The Agriculture Dept has been subsidizing farmers for at least as long as I've been alive. (More than 50 years.)
DTravel
May 17, 12:48
sure. and some subsidies do make economic sense. the new ones are just a $12b payoff for wrecking their export market with dumb tariffs
professor zovek
May 17, 13:39
25% of 50 billion & 5% of 250 billion are actually the same $ amount...
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forlorne
May 17, 08:39
Headlines are easy...math and logical analysis not as much
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forlorne
May 17, 08:41
Oh indeed...
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Omar
May 17, 09:14
John Deere will scale back production by 20% at its major plants as a result of the dumb steel tariffs, which stupidly depressed earnings
professor zovek
May 18, 12:40