Farm bailout now more than double auto bailout

GDS

Trade wars are good and easy to win!

https://www.bloomberg.com/news/articles/2019-09-19/farmers-say-trump-s-28-billion-bailout-isn-t-a-solution


At $28 billion so far, the farm rescue is more than twice as expensive as the 2009 bailout of Detroit’s Big Three automakers, which cost taxpayers $12 billion. And farmers expect the money to keep flowing: In an August survey by Purdue University and the CME Group, 58% said they anticipate another round of trade aid next year.

greenblood

And?

MikeDamone

Yes, tariffs are bullshit, but making a factually incorrect statement to prove it doesn’t help persuade anyone. $12 billion to the auto industry? Lol.

Try 80

https://www.google.com/amp/s/www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/amp/

https://www.chicagofed.org/~/media/publications/economic-perspectives/2012/2q2012-part1-klier-rubenstein-pdf.pdf

GDS

MikeDamone said:

Yes, tariffs are bullshit, but making a factually incorrect statement to prove it doesn’t help persuade anyone. $12 billion to the auto industry? Lol.

Try 80

https://www.google.com/amp/s/www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/amp/

https://www.chicagofed.org/~/media/publications/economic-perspectives/2012/2q2012-part1-klier-rubenstein-pdf.pdf

You should read your own link before you post it.

For one thing, the U.S. recovered all but about $9 billion of the auto bailout money.

MikeDamone

GDS said:

MikeDamone said:

Yes, tariffs are bullshit, but making a factually incorrect statement to prove it doesn’t help persuade anyone. $12 billion to the auto industry? Lol.

Try 80

https://www.google.com/amp/s/www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/amp/

https://www.chicagofed.org/~/media/publications/economic-perspectives/2012/2q2012-part1-klier-rubenstein-pdf.pdf

You should read your own link before you post it.

For one thing, the U.S. recovered all but about $9 billion of the auto bailout money.

Were they given $80 billion or not, yes they were. Nice moving goal posts on the “recoup”, which was never guaranteed. Sounds like you’re a pro bailout guy though. I’m not.

GDS

MikeDamone said:

GDS said:

MikeDamone said:

Yes, tariffs are bullshit, but making a factually incorrect statement to prove it doesn’t help persuade anyone. $12 billion to the auto industry? Lol.

Try 80

https://www.google.com/amp/s/www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/amp/

https://www.chicagofed.org/~/media/publications/economic-perspectives/2012/2q2012-part1-klier-rubenstein-pdf.pdf

You should read your own link before you post it.

For one thing, the U.S. recovered all but about $9 billion of the auto bailout money.

Were they given $80 billion or not, yes they were. Nice moving goal posts on the “recoup”, which was never guaranteed. Sounds like you’re a pro bailout guy though. I’m not.

We aren’t talking about given we are talking about cost. Read the op again. Who’s moving the goalposts?

PurpleThrobber

I’d rather spend a couple hundred billion on trade wars than a couple trillion on wars costing American soldiers their lives fighting for god knows what trying to civilize those that can’t be civilized.

Unless Venezuela.

UW_Doog_Bot

Just curious how you feel about China attempting to chinfluence elections through targeted economic measures. Should be something you are screaming about on Twitter right?

Sledog

Did we seize the private farms?

Oh yeah we don't have a commie president!

Tariffs pay the farmers HTH

MikeDamone

GDS said:

MikeDamone said:

GDS said:

MikeDamone said:

Yes, tariffs are bullshit, but making a factually incorrect statement to prove it doesn’t help persuade anyone. $12 billion to the auto industry? Lol.

Try 80

https://www.google.com/amp/s/www.marketplace.org/2018/11/13/what-did-america-buy-auto-bailout-and-was-it-worth-it/amp/

https://www.chicagofed.org/~/media/publications/economic-perspectives/2012/2q2012-part1-klier-rubenstein-pdf.pdf

You should read your own link before you post it.

For one thing, the U.S. recovered all but about $9 billion of the auto bailout money.

Were they given $80 billion or not, yes they were. Nice moving goal posts on the “recoup”, which was never guaranteed. Sounds like you’re a pro bailout guy though. I’m not.

We aren’t talking about given we are talking about cost. Read the op again. Who’s moving the goalposts?

Except you were taking abit what was given away. Also, LIPO