Remind me again how Tariffs close the deficit...? - ThreadSky | a Reddit-style client for Bluesky

ritholtz.bsky.social • 82 days ago

Remind me again how Tariffs close the deficit...?

Reposted from Carl Quintanilla

Here we go again.

2018: Trade war.
Farm subsidies. 🇺🇸

2025: Trade war.
Farm subsidies. 🇺🇸

www.politico.com/live-updates...

Comments

datafourmiles.bsky.social•82 days ago

We are still paying for the last time…

blakefbradford.bsky.social•82 days ago

Scott Bessent is being shown both a fool and a charlatan. Absolutely impossible to square the 3-3-3 plan he’s been spouting for two months and then show up with this garbage.

bedwyr.bsky.social•82 days ago

YEA! YEA! We're gonna *eat* feed corn and biodiesel corn!!

lilienfeld1.bsky.social•82 days ago

@carlquintanilla.bsky.social I think you might just get a filibuster this time, and it looks like the Democrats have some talent developing in that respect...

jockcartier.bsky.social•82 days ago

And they subsidized the hell out of ag even before that

srdaddy13.bsky.social•82 days ago

Unfortunately this time more than farmers will need subsidies. He is tanking the entire economy. Liberation Day?

viejogambler.bsky.social•81 days ago

Serious question. Are the farms owned by major corporations, Cargill, ADM, etc.?

marktropolis.bsky.social•81 days ago

Yes.

bcvet.bsky.social•82 days ago

Can't hurt his base, can he?

lyintad.bsky.social•82 days ago

Sure. Tariffs are collected, then invested in Eric’s cryptocurrency, profits go to the farmers.

birchmoon32.bsky.social•81 days ago

So we are bailing out the socialists who voted for this fascist? Fuck them.

kroe14.bsky.social•82 days ago

One correction - “Additional farm subsidies.” i.e., in addition to the already generous subsidies received by American farmers.

drdunningkruger.bsky.social•82 days ago

Them gol durned Socialist Farmers!

kevarosenberg3rd.bsky.social•80 days ago

quelle surprise.

stirlingnewberry.bsky.social•82 days ago

Because we, the poor, will not have so much money to buy stuff. And buy the poor I mean those with less than $1 billion in the bank.

jdschwartz.bsky.social•82 days ago

@ritholtz.bsky.social it has to do with the subsidies we pay the farmers -