The "great majority of farmers have gotten zilch from Donald the Dealmaker," the author writes. (Photo: StevanBaird/flickr/cc)
Just Who Got Trump's Farm Bailouts?
Rich families cashed in on over half the bailout money set aside for farmers hurt by Trump’s trade policies.
Donald Trump loves farmers. We know this because he says so. "Farmers, I LOVE YOU!" he declared in December.
But he's been "loving" them to death, with policies that are causing farm prices to tumble, miring our ag economy in the ditch and creating a rising tsunami of farm bankruptcies.
Then came Trump's doofus of an ag secretary, Sonny Perdue, who publicly insulted farmers by branding them "whiners" for daring to complain about policies causing them to lose income and their farms.
So, as an "I love you" make-up gesture, Trump has been sending big bouquets of money to some of his beloved farmers. Our money. Lots of it -- $28 billion so far in what he cynically (and comically) calls a "Market Facilitation Program," otherwise known as a taxpayer bailout.
But Trump Love turns out to be highly selective, with more than half of the government payments going to the biggest farm owners.
The Agriculture Department initially announced a $125,000 limit on the amount any one farm could get, but every Trump deal seems to have a gimmick in it to give a special break to the slickest operators.
The slickum in this deal is that assorted members of a family are allowed to claim that they're owners of the same farm and thus get bailout bucks -- even if they do no actual farming and live in New York City!
One Missouri farm family, for example, got $2.8 million worth of subsidy love from Trump, and more than 80 families topped half-a-million in payments.
Meanwhile, the great majority of farmers have gotten zilch from Donald the Dealmaker -- and 80 percent of eligible grain farmers (the smaller producers most endangered by his bad policies) have received less than $5,000.
So Trump's "market facilitation" is squeezing the many who are most in need, while helping a few of the largest get even bigger.
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. Our Fall Campaign is underway, and we need your help. To power our newsroom through the rest of the year, we need to raise $125,000 by midnight on October 31. So if you share our vision, please contribute whatever you can to sustain our work. |
Donald Trump loves farmers. We know this because he says so. "Farmers, I LOVE YOU!" he declared in December.
But he's been "loving" them to death, with policies that are causing farm prices to tumble, miring our ag economy in the ditch and creating a rising tsunami of farm bankruptcies.
Then came Trump's doofus of an ag secretary, Sonny Perdue, who publicly insulted farmers by branding them "whiners" for daring to complain about policies causing them to lose income and their farms.
So, as an "I love you" make-up gesture, Trump has been sending big bouquets of money to some of his beloved farmers. Our money. Lots of it -- $28 billion so far in what he cynically (and comically) calls a "Market Facilitation Program," otherwise known as a taxpayer bailout.
But Trump Love turns out to be highly selective, with more than half of the government payments going to the biggest farm owners.
The Agriculture Department initially announced a $125,000 limit on the amount any one farm could get, but every Trump deal seems to have a gimmick in it to give a special break to the slickest operators.
The slickum in this deal is that assorted members of a family are allowed to claim that they're owners of the same farm and thus get bailout bucks -- even if they do no actual farming and live in New York City!
One Missouri farm family, for example, got $2.8 million worth of subsidy love from Trump, and more than 80 families topped half-a-million in payments.
Meanwhile, the great majority of farmers have gotten zilch from Donald the Dealmaker -- and 80 percent of eligible grain farmers (the smaller producers most endangered by his bad policies) have received less than $5,000.
So Trump's "market facilitation" is squeezing the many who are most in need, while helping a few of the largest get even bigger.
Donald Trump loves farmers. We know this because he says so. "Farmers, I LOVE YOU!" he declared in December.
But he's been "loving" them to death, with policies that are causing farm prices to tumble, miring our ag economy in the ditch and creating a rising tsunami of farm bankruptcies.
Then came Trump's doofus of an ag secretary, Sonny Perdue, who publicly insulted farmers by branding them "whiners" for daring to complain about policies causing them to lose income and their farms.
So, as an "I love you" make-up gesture, Trump has been sending big bouquets of money to some of his beloved farmers. Our money. Lots of it -- $28 billion so far in what he cynically (and comically) calls a "Market Facilitation Program," otherwise known as a taxpayer bailout.
But Trump Love turns out to be highly selective, with more than half of the government payments going to the biggest farm owners.
The Agriculture Department initially announced a $125,000 limit on the amount any one farm could get, but every Trump deal seems to have a gimmick in it to give a special break to the slickest operators.
The slickum in this deal is that assorted members of a family are allowed to claim that they're owners of the same farm and thus get bailout bucks -- even if they do no actual farming and live in New York City!
One Missouri farm family, for example, got $2.8 million worth of subsidy love from Trump, and more than 80 families topped half-a-million in payments.
Meanwhile, the great majority of farmers have gotten zilch from Donald the Dealmaker -- and 80 percent of eligible grain farmers (the smaller producers most endangered by his bad policies) have received less than $5,000.
So Trump's "market facilitation" is squeezing the many who are most in need, while helping a few of the largest get even bigger.