General Discussion
In reply to the discussion: When a Trump cultist points to the stock market [View all]SergeStorms
(19,201 posts)wasn't nearly as expensive as the agricultural bailout will be . The government invested a little over $80 billion in the Big Three, and after selling stock etc. it ended up costing the American taxpayer a little over $10 billion.
Trump's bailouts to mostly corporate farmers has gone past the $30 billion mark, and don't expect corporate agricultural companies to pay back a penny of the money they've received from the American taxpayer. They'll take the money and run. Small farmers are going bankrupt, going out of business, or are taking on massive debt. Of course Trump lies to his cult and tells them the Chinese are paying these tariffs. Smart people know better, but then again smart people don't vote for Trump. It's actually a tax on American consumers, but Trump and his cult never let facts get in the way of a good lie.