Farm bailout now more than double auto bailout
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.
Comments
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And?
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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.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
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 said:
You should read your own link before you post it.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
For one thing, the U.S. recovered all but about $9 billion of the auto bailout money. -
We aren’t talking about given we are talking about cost. Read the op again. Who’s moving the goalposts?MikeDamone said:
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 said:
You should read your own link before you post it.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
For one thing, the U.S. recovered all but about $9 billion of the auto bailout money. -
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. -
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?
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Did we seize the private farms?
Oh yeah we don't have a commie president!
Tariffs pay the farmers HTH -
Except you were taking abit what was given away. Also, LIPOGDS said:
We aren’t talking about given we are talking about cost. Read the op again. Who’s moving the goalposts?MikeDamone said:
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 said:
You should read your own link before you post it.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
For one thing, the U.S. recovered all but about $9 billion of the auto bailout money.
