Agriculture is a huge part of Mississippi's economy and soybeans are a major export.
The tariffs imposed by President Donald Trump, particularly on China, have resulted in retaliatory tariffs impacting U.S. exports, including soybeans.
"Tariffs are the greatest," Trump recently tweeted. But when farmers and farm state politicians started complaining, Trump suddenly came up with a scheme to provide a temporary $12 billion bailout for farmers hurt by his tariff policies.
Mississippi exported $109.7 million in soybeans in 2017 – all to China, according to information from USDA as reported by Mississippi Today. As a result of China's retaliatory tariffs, soybean prices recently hit a nine-year low, costing farmers hundreds of dollars per acre. Now, Mississippi soybean farmers hurt by Trump's policies can get one-time payments from Trump’s bailout to offset these losses.
The bailout is not as popular as the President hoped.
"Lawmakers of both parties called it welfare, a bailout and other derogatory terms," read a USA Today editorial. "Eighteen months into office, Trump has turned productive farmers into supplicants, pushed government deep into the business of picking winners and losers, and shamelessly politicized the process of spending taxpayer money."
"This is becoming more and more like a Soviet-type of economy here: Commissars deciding who's going to be granted waivers, commissars in the administration figuring out how they're going to sprinkle around benefits," Wisconsin Republican Sen. Ron Johnson told Politco.com. "I'm very exasperated. This is serious."
Nebraska Republican Sen. Ben Sasse called the scheme a bailout "with gold crutches." Tennessee Republican Sen. Bob Corker called it "welfare" and "incoherent." Sen. John Thune, a South Dakota Republican said, “ this doesn't solve any of the problems agriculture's got right now."
There wasn't a lot of positive hoopla from soybean farmers either.
"While soybean growers appreciate the Administration’s recognition that tariffs have caused reduced exports and lower prices, the announced plan provides only short-term assistance," the American Soybean Association said in a statement. "ASA continues to call for a longer-term strategy to alleviate mounting soybean surpluses and continued low prices, including a plan to remove the harmful tariffs."
Farmers and others fear this is just temporary relief to get past the November elections.
"On a conference call with reporters Tuesday, administration officials said they expect the infusion of money to be a one-time shot that will not extend into next year," an NBC News analysis reported. "Read another way, that means $12 billion for farmers in an election year — and nothing once they’ve voted."
Republican debt hawks have another problem. Much of the $12 billion bailout will be borrowed from the U.S. Treasury using emergency powers Congress granted to the Commodity Credit Corp.
The total national debt, which he promised to eliminate in eight years, topped $21 trillion in March and is soaring upward under Trump. The Congressional Budget Office now projects annual deficits will exceed WWII levels relative to GDP.
No Mississippi Republican politician running for election this November was among those criticizing Trump's tariffs or the bailout. Instead, they are all-in for Trump. However, it is becoming more and more apparent that is not congruent with being all-in for Mississippi.
Crawford (crawfolk@gmail.com) is a syndicated columnist from Meridian.
Sunday, July 29, 2018
Bill Crawford: GOP Candidates Quiet on Tariffs
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Trollfest '09
Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).
Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.
Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".
In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.
In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.
Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.
Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
Trollfest '07
Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.
If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!
This is definitely a Beaver production.
Note: Security provided by INS.
17 comments:
All China and other countries have to do is agree to fair trade. America is not the worlds piggy bank. Make America Great Again.
Of course they are silent. They are scared of trump. Same reason they don’t speak up about him paying off sex partners. Nobody wants to suffer the rate of a trump tweet. In other words, they have no balls
We won't hear from Hyde-Smythe on this issue since Bryant has not told her how or if tariffs might affect farmers and that's because he has no clue. And she can't ask Cochran since he doesn't remember the difference in a riding cultivator and a box lunch.
If another country has tariffs on any product produced in the U.S. we should have an equal tariff on any product produced in their country.
If any country does or charge any tariff on products made in the U.S. we should not charge any tariffs on products made in their country.
Some people may be hurt in the short run but in the end it will make the U.S. stronger.
I see it very wrong when a product from India can only be charged a 2% tariff due to infair trade restrictions and some companies such as Harley Davidson have to pay a 100% tariff when shipping their products to India. If this goes on with that country how much is being charged by other countries....the ones we bail out and protect..... the ones we educate and give our knowledge to from our colleges and universities. But, when you look at the overall picture no other country is able to be like America! MAGA!!!
Soy Bean Farmers have been hit harder by bridge closers and infrastructure decay than by a tariff. So why is it all the Demo-Repub's getting upset over a soybean farmer getting a bail out when the same politicians had no problem bailing out the auto, banking, and most every industry under the Sun just 10 years ago?
No trumptard wants to talk about what amounts to a tax increase on every single American. Lies and stupid nicknames are what sells the billionaires’ plan to the voting idiots.
I think most R's would agree with me that tariffs don't work and we weren't happy that Trump campaigned for them. But it's possible that he had to do that to win rust belt states. The good news about tariffs is that when you get down to it, no one cares if you break that promise. Just create jobs. He can break his promises about tariffs if he creates jobs. As for what he is doing about that so far, I'm not worried. I think almost everything he says with regard to foreign policy is the start of a negotiation. He can proposed all sorts of tariffs and use them for leverage and in the end all the tariffs go away. Anyone who thinks that what he has done about this to date is his long term plan has not been paying attention to how he works. I am much more concerned about him being soft on immigration. Seems like he want to give up too much on that.
I would suggest you study each and every case. We have subsidized dairy for 60 years(taxpayer paid or deficit added) which brought tariffs like Canada's. We wiped out 80% of their dairy farmers. The large farm cooperatives and corporations get most of these subsidies. We also wiped out 80% of our own small dairies. Canada did not want to become totally dairy dependent on the US.
Ever heard of a company called Amazon. This will just create new middle men profits and the goods will be stamped with their country of origin. It already occurs today. Some say government will manage that violation. I think that is wishful thinking. Russia has been getting around that for decades paying "consulting and speaking fees" to the right people.
Tariffs passed on to consumers but collected by governments are the shell game and trade is about as easy as health care as long as you don't care who pays, who permanently loses their market and who has everything to gain but nothing to lose except a couple of informed voters.
We subsidize corn(primarily for the gas industry ethanol), soy beans, wheat, pork, beef, solar and wind energy, coal(dirty fuel which increases health care cost and is a dying industry and employees half the employees it did years ago due to reduced demand and large earth moving and processing equipment.
O.k. some of you up here get it and some of you don't
Tariff's are bad because no one is buying your stuff and we are being charged extra for items we are used to buying.
The $12 billion dollar bailout is borrowed money, and who can co-sign that is beyond me, when we it only adds to the deficit.
Would you rather farmers sell their goods to survive or get a hand out from the federal government? It's really that simple!
We are steaming along to another financial crisis. This administration is replicating the fiscal policies from the Bush/Cheney playbook. Cut taxes, increase spending, cut regulations giving the economy a false sense of security. The shrinking middle class and working poor will foot the bill when it crashes. The tax cuts for the wealthiest in Mississippi will last longer, the tax cuts for the wealthy passed by the feds will stick around longer as well.
40% of American citizens make under $25,000 a year. That's 132 million people that can barely afford to get an apartment or a car.
The cost of rent is increasing astronomically across the board. Right here in our own backyard, you have 2 bedrooms apartments in Rankin County going for $1000 a month.
The per capita annual income in Mississippi is $20,670. These tariffs will not benefit the people in this income group.
So for anyone that blindly supports these tariffs, clearly are not seeing the whole picture.
"The per capita annual income in Mississippi is $20,670."
That citation is as meaningless as the use of averages. You do realize it's a meaningless figure, don't you? I hope you know the figure is derived by dividing and area's total income by its population - which means the number of children and other non workers in the area determine the product of the equation, regardless of the income of the workers. And you probably thought it meant 'workers, on average, in Mississippi, make just over $20,000 per year. And you vote!
A man with his head in a 400 degree oven and his feet in a pan of ice water, is, on average, quite comfortable.
@ Dee Ray
and I bet you think the property values in Madison, Mississippi are higher than the property values in Beverly Hills, California too?
Keep telling yourself it's only raining while these politicians are pissing on you.
Some folks like golden showers...
The lastest from major brokage houses is that a market correction is around the corner, the irony is that The President's tariffs probably have little to do with it. Yet He has tied the recent success of the markets to his presidency, when he tries to run from the downside he will lose what little creditbility he has.
The tariffs are one of the largest tax increases in American history. Trump voters will be the ones hurt the most - farmers who will lose their land, blue collar and elderly who will be paying 20% to 25% more in the grocery store, soccer moms who will pass on buying a new mini van because they cannot afford the $5 to $10,000 Trump tax on autos, and on down the line. Even the Koch bros are bailing on Trump and pointing out that he will cause a recession or even another great depression.
I keep waiting for someone to give me an example of a trade war without bad consequences.
"Keep telling yourself it's only raining while these politicians are pissing on you.July 30, 2018 at 8:02 AM"
Don't leave us now. You were going to tell us the value of knowing the per capita income in Mississippi? Or were you?
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