Pennsylvania Republican Sen. Toomey has condemned Trump’s idea of paying farmers a stipend to off-set the costs of his tariff war with China. Toomey called the payments a handout.
You probably won’t read this in many of my posts, but Toomey was spot-on. He said about his use of the word handout, “The term is meant to be pejorative because it’s a very bad policy. I mean, think about what we’re doing–we’re inviting this retaliation that denies our farmers, the most productive farmers on the planet, the opportunity to sell their products overseas and then we say, ‘Don’t worry, we’ll have taxpayers send you some checks and make it O.K.’”
Exactly.
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