Speaking to a crowd Tuesday night largely comprised of people from Nebraska and Iowa, President Donald Trump boasted about the trade war his administration has waged with China and how it has led to billions of dollars in federal payouts to farmers across the country.
“I tariffed $28 billion, took it from China and distributed it to our farmers,” Trump said last night at a rally in Omaha, Nebraska. “Nobody else, nobody else is going to do that. In fact, some people say our farmers do better now than when they actually had a farm.”
Watching a Fox News livestream of the event, some laughter can be heard following Trump’s quip about farmers, but CNN’s Jeff Zeleny, who was in attendance, said he observed “a lot of silence” from the crowd of thousands.
President Trump talks often about the aid his administration has given to farmers and the support he expects from them in return. But tonight, I heard a lot of silence when he declared: "Some people say our farmers do better now than they did when they actually had a farm."
— Jeff Zeleny (@jeffzeleny) October 28, 2020
Trump repeatedly has claimed the tariffs he imposed on China fund the farm aid packages he signed off on as the agricultural economy suffered. But that’s not how tariffs (a tax on imported goods) work.
“Tariffs are paid into the U.S. Treasury, and the Treasury funds the farm aid,” PolitiFact wrote in August 2019, after Trump claimed U.S. farmers received $16 billion “out of the tariffs that we’ve gotten from China.”
“Trump’s claim simply does not reflect how tariffs work,” the fact-checkers found. “The tariffs imposed by Trump have been paid almost entirely by U.S. importers, who pass much of that on to consumers through price increases.”
The New York Times reported earlier this month on the “extraordinary government bailout” that has taken place under the Trump Administration, noting projections from the American Farm Bureau that show debt in the farm economy will increase 4 percent this year to a record-breaking $434 billion. Farm bankruptcies, the American Farm Bureau says, are 8 percent higher than this time last year.
“Bankruptcy rates over the previous 12 months were the highest in the Midwest, Northwest and Southeast. Farmers in these regions filed a combined 464 bankruptcies, representing 80% of the filings across the U.S.,” the American Farm Bureau wrote in an August article. “At nearly 300 filings, a 23% increase, more than 50% of the Chapter 12 filings were in the 13-state Midwest region.”
Between July 2019 and July 2020, 33 Iowa farms filed for bankruptcy.
According to The Times, between the money sent to offset lost revenue due to the trade war and the pandemic-induced recession, “federal payments to farmers are projected to hit a record $46 billion this year as the White House funnels money to Mr. Trump’s rural base in the South and Midwest ahead of Election Day.”
The Washington Post reported this month a third of farm income in 2020 is expected to come from direct government payments.
3rd District congressional candidate David Young and Sen. Joni Ernst attended Trump’s rally Tuesday night, but only Young addressed the crowd. On a night when temperatures dropped below freezing, rally attendees were left waiting for hours near the Omaha airport to be shuttled several miles back to their cars after the event concluded around 9 p.m.
By Elizabeth Meyer
Iowa Starting Line is an independently owned progressive news outlet devoted to providing unique, insightful coverage on Iowa news and politics. We need reader support to continue operating — please donate here. Follow us on Twitter and Facebook for more coverage.
4 Comments on "Trump Jokes Farmers Better Off Now Than When They ‘Had A Farm’"
Trump is showing what he will do for his supporters, – – Use them, then throw them away. Those still supporting Trump deserve everything that they deserve for following an ignorant, under educated, greedy person who has demonstrated time after time ” Use them , then throw them away because they “might expect something for their support of Trump. Wake up you people, you are following a user, not a leader, not responsive to the people needs – only to his own. So to his devoted followers you deserve everything you get – and it won’t be Trumps support in any way whatsoever.
Tragic that our health, economy, and children’s futures rest with someone so clueless. Our farmers have been the backbone of America.
Sad hes like other clueless people, no farmers, no food, how does he think the markets get the food, including McDonalds.
Just like the news, medicines, fentanyl, beef and votes the biggest player in the US has become a Foreign entity! It is ALL about government and faith… Luke 4:7 “the Devil said to him: “I will give you all this authority(govs) and their glory, because it has been handed over to me, and I give it to whomever I wish.” Jesus did not deny this. That power has now steamrolled across the globe! I am not saying that to get you to be a political acitivist but to alert you to the Bible prophecies that this was coming, it fits the Biblical timeframe and people are corrupt to the core just like forecast at 2 Tim 3:1-5. Can WE turn this around? Not even if you become a human sacrifice to change will this be stopped without the Kingdom we have prayed for stepping in. Of the four horsemen of Revelation The white horse represents Christ taking power to save those loyal to His Father (those who embrace the Good News of the Kingdom and share it) The other horses are self evident in this modern age as a fingerprint distinct and deadly, warfare, famine and pestilence but still Christ is going to victoriously ride to clear God’s Name of the lies and fairtales that abound but he also LOVES mankind and wants to see the earth full of joyous families on the land living as His Father intended. When you look at “the Kingdom” long prayed for as an actual government and not a ‘pipe dream’ of religious lies then what is going on around us as “the last days” of a world run by “the wicked one” 1 John 5:19 makes perfect sense! “Thy Kingdom Come..on Earth as it is in Heaven!” JW.org