China trade

Trump: China’s Currency Devaluation A ‘Gift’ To America, Farmers Better Off On Welfare

"...the administration is essentially providing welfare checks to affected farmers".

"...the administration is essentially providing welfare checks to affected farmers".
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2 comments on “Trump: China’s Currency Devaluation A ‘Gift’ To America, Farmers Better Off On Welfare

  1. Rent-seeking/Patronage economies are part and parcel of despotism –the tariff/subsidy model for the agricultural sector is a reflection of the impulse towards tyranny –if DJT were left to his own devices he would turn America into Zimbabwe. At least Mugabe actually fought in a war.

  2. “Constant escalation and antagonism” and the idea that we win if everyone else loses seems to be the guiding light of this administration. I am going to plagiarize a wonderful quote from a source I can’t cite because I don’t remember where I read it.
    “Cutting everyone else off at the knees doesn’t make you any taller”.
    Pretty much sums up our current strategy.

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