America's Latest Farming Crisis

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Sarah Taber's Video -    • Why Farmers Voted For Trump  

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Over the last month farmers from across America have been raising the alarm that they are in deep manure.
Record agricultural debt, combined with disruptive trade wars, financial consolidation of farmland, inclement weather conditions, the gutting of federal programs, increased input costs, and low market prices are combining to make most of these businesses completely unviable.
This is in addition to the problems that the industry isn’t allowed to talk about too loudly, like… (a lot of mysteriously cheap labor being a little bit harder to find right now) [kind of say this under your breath]
The number of agricultural bankruptcies has spiked this year, and now farmers are saying that they will probably need a bailout to keep their essential industry afloat.
Now this wouldn’t actually be the first time this has happened.
Just 6 years ago farmers got another bailout under very similar circumstances, which only accelerated the trend of farmland becoming increasingly consolidated.
Big farms get bigger assistance packages and can take bigger risks knowing there is a bigger chance they won’t be allowed to fail.
But today the conditions are worse, nothing has been decided AND the clock is ticking.
Moral Hazard has well and truly taken hold in another vital industry, and major players know it… but that still doesn’t make the situation any less dangerous because… well we can’t EAT the moral high ground…