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Tuesday September 24, 2024
U.S. Farmers Lost Billions to Trump-Era Retaliatory Tariffs
Statista | Katharina Buchholz | 09/23/24

Republican presidential candidate Donald Trump has said that if reelected, he would impose new tariffs on China reaching 60 percent of the goods' value. After Trump's tariffs aimed at China in early 2018, retaliation from the country and other nations affected hit the U.S. economy and especially agricultural producers hard. A report from the USDA shows that between mid-2018 and the end of 2019, more than $27 billion, thereof $25.7 billion tied to China, had to be compensated with government payments to farmers. Tariff rates never exceeded 30 percent of goods value in that time period and were as low as 7.5 percent for some products, so an even higher and uniform tariff rate of 60 percent would be sure to send another shock wave through the U.S. business and farming communities.

Back then, the Trump Administration addressed concerns earmarking federal aid worth $28 billion for farmers. Under current President Joe Biden, relief payments continued to rise. Yet, farmer advocates pointed out that the subsidies were going to large farms predominantly, leaving smaller producers out in the rain. ... Read more

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Trump PANICS with last-ditch stunt in court | btc | 09/24/24 | 9:33
5 Ways Trump Would Blow up the Economy | Robert Reich | 09/24/24 | 4:31
10,000 Books Banned: What's Really Behind This Massive Censorship? | Thom Hartmann | 09/23/24 | 3:56


24.09.2024. 09:37

Special Interest | Important stuff
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Robert Reich Mashups
Robert Reich

In an interview with The New York Times in 2008, Reich explained that "I don't believe in redistribution of wealth for the sake of redistributing wealth. But I am concerned about how we can afford to pay for what we as a nation need to do [...] [Taxes should pay] for what we need in order to be safe and productive. As Oliver Wendell Holmes once wrote, 'taxes are the price we pay for a civilized society.'"

In response to a question as to what to recommend to the incoming president regarding a fair and sustainable income and wealth distribution, Reich said: "Expand the Earned Income Tax Credit—a wage supplement for lower-income people, and finance it with a higher marginal income tax on the top five percent. For the longer term, invest in education for lower income communities, starting with early-childhood education and extending all the way up to better access to post-secondary education."

Reich is pro-union, saying: "Unionization is not just good for workers in unions, unionization is very, very important for the economy overall, and would create broad benefits for the United States." Writing in 2014, he stated that he favors raising the federal minimum wage to $15/hr across three years, believing that it will not adversely impact big business, and will increase higher value worker availability.
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Lindsey Graham Mashups
Lindsey Graham

Sen. Lindsey Graham (R-SC) said the quiet part aloud on why he’s still so close to former President Donald Trump: because we can use him for our goals. "President Trump has gotten people who wouldn't give me or Romney or anybody else the time of day. They believe he is on their side," the senator told the America First Agenda Summit crowd on Tuesday in Washington, D.C.

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Trump's Mashups
Trump's Mashups

Donald Trump talks a lot, but what is he actually saying? VICE News' "Trump Talk" mashup series tries to answer that. And, we're happy to say, it was just nominated for two Webby Awards. Now you can watch all the nominated videos.

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Trump's Sexcapades
Trump's Sexcapades.

Jessica Leeds (1980s)
Kristin Anderson (1990s)
E. Jean Carroll (1995 or 1996)
Lisa Boyne (1996)
Cathy Heller (1997)
Temple Taggart McDowell (1997)
Karena Virginia (1998)
Mindy McGillivray (2003)
Jennifer Murphy (2005)
Rachel Crooks (2005)
Natasha Stoynoff (2005)
Juliet Huddy (2005 or 2006)
Jessica Drake (2006)
Ninni Laaksonen (2006)
Cassandra Searles (2013)
Allegations of pageant dressing room visits(1997)
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Bridget Sullivan (2000)
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Samantha Holvey (2006)

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Trump's Speeches | Rallys |Interviews
Trump's Speeches | Rallys

Donald Trump talks a lot, but what is he actually saying? Watch Trump at some of his rallys and see what you think.

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