And another group of Trump supporters learns a valuable lesson.
Courtesy of HuffPo:
Hard times for farmers got tougher with President Donald Trump’s trade war. Now Midwestern farmers are filing the highest number of bankruptcies in a decade, according to a Wall Street Journal analysis of federal data.
And farmers aren’t hopeful about this year.
Twice as many farmers in Illinois, Indiana and Wisconsin declared bankruptcy last year compared to 2008, according to statistics from the 7th Circuit Court of Appeals, the Journal reported. Bankruptcies in states from North Dakota to Arkansas leaped 96 percent, according to figures from the 8th Circuit Court of Appeals.
Farmers are being battered by sinking commodity prices — and stiff tariffs from China and Mexico in retaliation for Trump’s tariffs on imports.
The new 11-nation Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP) treaty last year slashed tariffs — but not for U.S. farmers since the Trump administration pulled out of negotiations. That drove customers to farmers and ranchers in competitive countries, like Australia, serving another dunning blow to American operations.
Farmers fear it will take years to rebuild those trading relationships.
I want to sympathize, I really do.
But there was ample evidence as to who Donald Trump really was before the 2016 election.
The only way that a voter could believe that a self-promoting egotist with multiple failed businesses, and suspicious ties to Russia, was going to be good for the country was to ignore literally every news story that ever came out about Donald Trump.
I don’t think that it is stretch to say that the people who did not vote for Trump are rarely ever surprised by the terrible things that he does, we, after all, based our decision on facts and not faith.