Leopards Ate My Face

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Soybean farmers who voted for Trump fume as He sends $40B to Argentina while they face ‘Bankruptcy’ (thedailyadda.com)

submitted 21 hours ago by spaghettiwestern@sh.itjust.works to c/leopardsatemyface@lemmy.world

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Across the US this year, farmers have seen costs soar and the price of their produce tumble as Donald Trump’s flagship tariffs sparked a trade war with China.

American farmers, who voted en masse for Trump last year, are now warning of the worst economic crisis since the 1980s, when soaring interest rates and a slump in exports saw the price of crops and the value of farmland collapse. About 300,000 farmers defaulted on their loans and thousands were driven into bankruptcy.

“We spent a hell lot of time in China building relationships, building those markets,” he said. “And then you basically piss it all away, to be blunt.”

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[–] SoftestSapphic@lemmy.world 14 points 17 hours ago* (last edited 17 hours ago) (2 children)

They're getting their hand outs

https://www.yahoo.com/news/articles/trump-set-announce-large-subsidy-202924768.html

The poor millionaire farmers are going to be just fine getting paid to grow nothing.

They voted for the market to die so they would get free money and that's what's happening.

[–] IronBird@lemmy.world 4 points 13 hours ago* (last edited 13 hours ago)

yup, farmers union has some great PR making out this constant "woe is me" shit nonstop, but they're probably the biggest parasites next to wallstreet and the banks. that ol' mom and pop idealic farm shit simply doesn't exist anymore, except for rich retirees that want to pretend they're farmers in their golden years

the special bankruptcy class they get write all these "losses" off onto the rest of us, same as they've been doing for the last 100 years. uncle sam pays then to throw food away, every. single. year.

back during the great depression that had cops stationed to beat back starving mobs from garhering the food they were leaving to rot in piles

[–] shalafi@lemmy.world 2 points 14 hours ago

They're only getting $12B of the $44B they're down this year.