Wisconsin’s Worst Year Ever
In Wisconsin, the dairy industry was hit especially hard. 818 farms went out of business, the most bankruptcies ever in a single year.
But what about the bailouts, you ask? Didn’t Trump borrow $28 billion from China (or wherever) to bring an extra-large heaping of socialism to rural America?
Bailouts for the Rich
As the Environmental Working Group’s AgMag reported, Trump’s massive bailouts for American farmers weren’t enough to save many small family farms:
Farm bailout payments designed to offset the impacts of President’s Trump’s trade war have overwhelmingly flowed to the largest and most successful farmers
As with the Trump tax cuts, the Trump bailouts were little more than a giveaway to the already-rich, leaving the majority who actually needed the cash with peanuts:
The top 1 percent of MFP recipients received, on average, $183,331. The bottom 80 percent received, on average, less than $5,000.
Now let’s check in with factory workers to see how well they’re doing in the midst of Trump’s all-time-greatest-never-seen-anything-like-it economic boom.