by: Brent Smith at the Common Constitutionalist
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Now let’s not get ahead of ourselves on this.
Most of us have heard that the Trump administration has a plan to “temporarily” aid American pork, dairy and soy bean farmers to the tune of about $12 billion. This is as a result of China raising its import tariffs on those American products as retaliation for Trump’s tariff increase on Chinese goods.
Many it seems have written about this as if it’s already happened. Well, it hasn’t.
As Conservative Review writes, “News of the supposed plan was leaked to the media by anonymous sources, so it is possible that this is just an idea being floated to see how the public reacts.”
However, if true, it’s a bad idea. Government “assistance,” no matter how temporary they claim it to be, is just a bailout. No different from any other bailout. And that’s never a good thing for the American people.