Republicans Reject Trump’s Sledgehammer Approach~ Senator Accuses Administration of Soviet-Type Economy
The headlines tell the story of President Trump’s $12 billion bailout to farmers hurt by his failed tariff policy:
“Making America 1929 Again”
“Key GOP Senators Rip Trump’s Farm Bailout”
“America’s Farmers Don’t Want to be Paid to Lose”
Republican leaders have come out swinging against President Trump, describing his aid package as a pair of “gold crutches” for farmers who have had their legs cut out from under them by crippling tariffs on their goods. Senator Ron Johnson of Wisconsin went so far as to tell reporters: “this is becoming more and more like a Soviet-type of economy here” with “commissars” sprinkling around benefits.
In reaction to this Republican revolt, Michelle Lee has called for the President to reverse course. “It’s clear the administration finally seems to understand the tariffs it imposed are hurting the American people,” Lee said. “To now offer welfare to farmers to solve a problem the administration created will cost every household in the United States almost $100. Once again, the President has taken a sledgehammer approach when he might have been wise to use a scalpel.”
“It’s clear the administration is using this politically-motivated bailout to cover a disastrous trade policy,” said Lee. “They might call it emergency aid, but they are using taxpayer-funded cash for nothing more than a short-term fix financed by a tax increase on American consumers and businesses.” Lee also claimed the decision is patently unfair to the manufacturing and energy industries that are also losing in the administration’s trade war.
“I know some Republicans have said this is similar to 1929 when a major tariff bill was signed by President Herbert Hoover,” said Lee. “This was followed by a Wall Street crash and the Great Depression. Sadly, in today’s political environment I’m not certain there’s a downside risk for the President or the GOP. This is strictly political cover and calculated to make it appear Mr. Trump cares about farmers.”
“I’ve not heard any reaction from my Republican opponent and don’t expect to,” said Lee. “There was plenty of opportunity for Pete Stauber to stand with the farmers in our district hurt by the President’s trade policies, and he stuck with the President,” said Lee. “I recognize this bailout gives Republicans comfort. But, let’s be honest. The President is using these tax dollars to keep his voters on board in several states dependent on agriculture in a critical election year. It’s no coincidence this announcement comes just two days before Mr. Trump visits Iowa.”
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