Cronyism yields a bumper crop with farm bailouts

Farming in this country has been crony for almost a century. But we have had a bumper crop of crony capitalism this year.

(From TylerPaper.com)

But none of Trump’s trade war victims are as powerful and important a voting bloc as farmers, who secured two agriculture bailouts over the past two years, totaling $28 billion — so far. For perspective, Bloomberg reminds us that this “farm rescue is more than twice as expensive as the 2009 bailout of Detroit’s Big Three automakers, which cost taxpayers $12 billion.”