MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop
MURDER, POLITICS, AND THE END OF THE JAZZ AGE by Michael Wolraich Order today at Barnes & Noble / Amazon / Books-A-Million / Bookshop |
By Ed Kilgore @ NYMag.com, July 24
[....] The official Trump-administration line right now is that the trade war he’s launched against China, the European community, and others is a total no-brainer, and simply a matter of Uncle Sam deciding to stop being Uncle Sucker [.....] he’s still claiming trade wars are fun and easy, as recently as this morning: [....]
But this is undoubtedly not what the White House is hearing from Republicans in the places — especially though not exclusively agricultural states — where Trump’s “easy” and “simple” trade polices are wreaking havoc and breeding political panic. The good thing for Trump is that having all but abandoned free-market economics, he has no inhibitions about just throwing money at the problem, as the Washington Post reports: [....]
Interestingly enough, direct assistance will apparently come principally via the New Deal’s Commodity Credit Corporation, a federal entity that needs no new congressional authorization in order to borrow billions from the Treasury and pay it out to farmers to “stabilize, support, and protect farm income and prices.” It’s intended to keep farmers from feeling the brunt of circumstances beyond their control, and since Trump’s trade war is most definitely beyond their control, it fits, albeit in a way that will make small-government conservatives who already hate protectionism even crazier. But it is a bit novel to hit farmers with one hand and then offer them compensation with the other, and it could even expose the U.S. to sanctions by the World Trade Organization for supplying the same sorts of illegal subsidies of which Trump likes to complain [.....]
Comments
I think Kilgore's article is a better place to read about it than any of the several links he points to, because he's trying to grope the full policy picture of the situation. And he ends up stressing how hypocritical it would be for the GOP to support this. Presuming, of course, that the GOP is traditionally for a free market economy, which is no longer 100% true. But it pushed my thoughts even further to: well, wouldn't a Hal C. type Bernie fan like this, isn't it the type of thing he might support under a President Bernie? And then: isn't this Soviet "planned" economy allover again? The next step could be: you get to be a farmer depending on who you know and what connections you have? And it doesn't matter if the country needs more soybeans right now or not, if you've been a loyal whatever, you get to grow more soybeans.....
by artappraiser on Tue, 07/24/2018 - 1:44pm
fancy that, Sen. Ron Johnson not as dumb as one might think:
by artappraiser on Tue, 07/24/2018 - 3:11pm
by PeraclesPlease on Tue, 07/24/2018 - 3:30pm
Ron Johnson and wimpoid tissue Rand "drone the liquor store robbers" Paul will, of course, do nothing but talk.
They will though quietly seek some of the Big Ag corporate free speech "emergency" farm welfare big government bailout $$ for their campaign organizations.
by NCD on Tue, 07/24/2018 - 3:51pm
"wimpoid tissue"? that's a new one on me. nice!
Edit to add: as for Ron, he was just signaling it all depends on who the commissars are, he might be okay with them. In any case, I just looked it up: no re-election probs until 2023, plenty o' time for constituents to forget all about it. After all, by then, there may be no farms in Wisconsin.
by artappraiser on Tue, 07/24/2018 - 4:02pm
yeah, Ron wants his hands in our national piggy bank along with Trump.... and the GOP donors.
wimpoid - medical terminology. it's the stuff that makes slippery slopes slippery.
by NCD on Tue, 07/24/2018 - 4:19pm
Once upon a time a decent burger chain as well
by PeraclesPlease on Tue, 07/24/2018 - 4:25pm
This is what the term brings to my mind, though that would be an effect on boomers only, I imagine:
by artappraiser on Tue, 07/24/2018 - 5:52pm
Too old. Wimpoid = Wimpy 2.0, on opioids. "I'd gladly take a hamburger today 'fore I rip your teeth out". Not quite as soft 'n cuddly as used to be, but maybe after rehab will mellow out.
by PeraclesPlease on Tue, 07/24/2018 - 6:04pm
This Politico piece with 4 reporters on it, is very good on the reaction and on the longer term plotting by Trump:
Trump to offer farmers $12B in trade aid
By Catherine Boudreau, Adam Besudi, Helena Bottemiller Evich and Megan Cassella, Updated 07/24/2018 01:32 PM EDT
by artappraiser on Tue, 07/24/2018 - 2:23pm
So @ Politico there's a piece attempting to compile who is in the anti-Soviet GOP club:
'Like a Soviet-type economy': GOP free traders unload on Trump
The president's $12 billion farm bailout gets an ugly reception among many Republicans in Congress.
By Burgess Everett @ Updated 07/24/2018 04:15 PM EDT
Interesting that it's their #1 most read story right now.
by artappraiser on Wed, 07/25/2018 - 1:22am
Farm groups go on anti-tariff blitz after Trump offers trade aid
By Adam Behsudi @ Politico.com, 07/26/2018 05:57 AM EDT
by artappraiser on Thu, 07/26/2018 - 11:12pm