MAGA Blunders
Agriculture: International trading partners buy a lot of farm products from American farmers. Well, before current tariffs upturned the markets, American produce and meat were sold internationally. Now they are not. Markets have found replacement suppliers and our agricultural products are building in warehouses and siloes across the nation. They will rot if not sold. Crops for next year will be downsized. Unit costs for these same products will rise as supply downsizes, but in the meanwhile, a spate of product will cut pricing substantially and bring many farms to bankruptcy. There is no quick solution except to bail them out with enormous cash outlays. Such was promised in Trump’s first term but never fully paid out. Farmers took the brunt of that debacle and many went bankrupt then. No such high hope remains for such another payout currently. And there is no trust for it if it were promised. The damage is done. Agricultural markets are greatly damaged and spell disaster for family farms. Going back to the old markets is not likely to occur.
Beautiful Big Bill – Deficits: The net deficit from
this bill is projected to be $2.7 trillion. Period. Not a surplus. Not even a
close breakeven. The bill is a disaster in the making. It might bring about
eventual desired changes, but not likely soon enough to avoid enormous, continuing
deficits. The big promise is just another big Trump lie.
World Competitiveness: By reducing federally funded research
and tinkering with the independence of universities, the true base of our
nation’s competitiveness is severely damaged. Add to this the damage to
agricultural markets, and competitiveness takes another huge hit. Restricting immigration
cuts our population growth and flow of intellectual gifts. Another direct hit
to competitiveness. In short, not much of Trump’s big bill or agenda does much
to build international thirst for anything American. Reducing fraud and abuse? Those
are word smithed terms not even documented or made worthy of judicial action. The
trump agenda is empty. The only people getting wealthier are the Trumps and
family, and already rich people. Corporations, too. But the trickledown
economic theory of years past has long ago proved useless and ineffective.
In short, Trumpism is empty of positive results, now or
ever. Time to put him in jail and guard our nation from treason.
June 9, 2025
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