Categories:
Politics and Economics
Regulation and Subsidies
Politics can be very depressing, but a recent Bloomberg article discussing my home state kind of made me smile. I hope you enjoy it as well:
And then there are backers like Derek Orth in Lancaster, Wisconsin, who are sticking by the president. Orth, a 34-year-old dairy farmer, appreciates the financial help Trump has channeled to the agriculture industry.
“I can’t think of a single close friend in agriculture that is voting for Biden,” Orth said this month. An active follower of social media posts who doesn’t have cable television, he worries that Biden would institute socialism.
I’m going to put this in my “Keep the Government’s Hands Off My Medicare!” file drawer.
READER COMMENTS
Michael Pettengill
Oct 26 2020 at 11:33pm
It is clear President Trump and his economic team relish their role as central planners (trying) to pick their winners and losers, and he is not shy about telling voters they will suffer if he is not reelected to Central Planner in Chief. Low labor capital intensive ag will lose their government subsidies, for example.
Michael Sandifer
Oct 27 2020 at 7:49am
it’s always been hard for me to understand why voters around the world seem to idealize farmers.
Alan Goldhammer
Oct 27 2020 at 8:38am
I wonder if the farmer really understands what socialism is. President Trump has managed to channel $$$$billions to try to buy Midwest farmers’ votes. I wonder if Senator Ernst of IA has figured out what the price of a bushel of soybeans is.
BS
Oct 27 2020 at 12:45pm
A subsidy or any other kind of handout seems more like crony capitalism than socialism.
Mark Brophy
Oct 29 2020 at 10:20pm
Crony capitalism is socialism because it’s centralized government planning. “Crony socialism” would be a better term.
Steve
Oct 27 2020 at 3:31pm
Which was necessitated by his engagement in a trade war, which he proclaims to have “won”.
Phil H
Oct 27 2020 at 10:50pm
Socialism does seem like a stand-in term for political correctness these days, rather than an economic ideology.
Comments are closed.