Lifestyle

The U.S. farm collapse just got worse. 88 percent of exports wiped out in days. How will Americans put food on the table?

He knows exactly what he’s doing, he’s setting it up for his wealthy friends to make a lot more money. If you think about it, the farmers are going to have to declare bankruptcy, and then they’re most likely going to lose their farm and equipment.

Then what happens, big business comes in and buys the farmers land and equipment, and then turns his farm, land and equipment into a corporate owned farm that makes them money in perpetuity. Why do you think the price of groceries is so high now and will not go down, because corporate America sets the prices by monopolizing everything we need to live and exist.

If you think about it closely, that’s what they did with rental properties. They bought them all up, even the trailer parks, which was the last bastion of affordable housing for the working poor. They raise the rent on all the properties they acquired, which enabled all private rental property owners to raise their rent to the same amount.

That’s what they’ve been doing for over 50 years, buying up businesses that we need to live and exist, like food, housing and energy businesses, just to monopolize them and set pricing that will benefit and enrich only them.

The scales have been tipped toward the wealthy for half a century. It’s about time they tipped back toward the American citizens, It’s time to raise the taxes on the billionaires back to the tax rates of the 1950s.

Those business tax rates built the middle class and made America what it was, and that was great. Ever since Reagan and the Republicans started reducing the tax rate on the wealthiest businesses and families in our nation, through Reagan‘s failed “Trickle Down Economics”, 80% of the nations wealth has been transferred up to the top, to the same wealthy families and corporations, which facilitated the destruction of the middle class.

To save America and rebuild the middle class, the tax rate on the wealthiest businesses and individuals must be raised by 50% or more and bring all that wealth back down to benefit all the American citizens not just 1% of them.

The best start would be ending all corporate subsidies for these wealthy corporations that paid little to no taxes in the first place. You have to ask yourself, why won’t this Republican administration, under Trump, even consider touching any of these corporate subsidies when they talk about fraud and waste.

Remember the song, “Things that make you go, Hmm”.

Now you know where all those record profits of billions of dollars every quarter, that these big corporations are always bragging about, come from.

As you can see a lot of it comes right out of your pocket, the taxpayer, through the subsidies they get from your government, and that you never hear a word about out of Republicans in Congress while at the same time they’re constantly yelling about government over spending through fraud and abuse, I wonder why not.

This is what economists including myself tried to explain months ago. The USA voted for a man whom they knew was incompetent and a criminal proven in court many times.

I have no pity for farmers or anyone else being hit by this. They were happy that people working for government being sacked until they realized it meant themselves too. They cheered when migrant workers were snatched indiscrimminently from the streets until they saw that crops could not be harvested. They loved tariffs until it dawned on them they are not paid by “evil foreigners” but by themselves. And so on

It was all predictable but USA rode on a wave of hate, revenge for things that never happened, arrogance and ignorance.

They sowed the whirlwind and it turned around and hit themselves.

And this is just the beginning.

No problem right now as the U.S. was the largest exporter of agricultural products. So plenty of food but this will drive many farmers to bankruptcy.

Trump should have seen this coming from 2018 when China simply cut off imports of Chicken when Trump first imposed his tariff on Chinese Sterl and aluminum

But Trump is fixated on tariffs, meaning Trump does not understand business or international relations plus several more obvious issues.

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