that person around. paul: trump would say we ve got all the leverage, they need us more than we need them, they need our market more than we need their market. it s true that we buy a much larger percentage of chinese economic production than they buy of american production. so in that sense, i suppose he does have some cards to play here. on the other hand, that is a dictatorship. you are not going to have a business class, a consumer class demanding a different approach because if they do, they re thrown in prison and their families may also be thrown in prison. so in that way, xi jinping has a lot of leverage too. paul: one of the thing that s notable about the chinese retaliation, in addition to boeing aircraft and u.s. automobiles, it s really aimed at american farm products whiz are priced competitively around the world. we have a competitive farm economy. soybean exports for example are big in china. and the u.s. farm belt has been
that person around. paul: trump would say we ve got all the leverage, they need us more than we need them, they need our market more than we need their market. it s true that we buy a much larger percentage of chinese economic production than they buy of american production. so in that sense, i suppose he does have some cards to play here. on the other hand, that is a dictatorship. you are not going to have a business class, a consumer class demanding a different approach because if they do, they re thrown in prison and their families may also be thrown in prison. so in that way, xi jinping has a lot of leverage too. paul: one of the thing that s notable about the chinese retaliation, in addition to boeing aircraft and u.s. automobiles, it s really aimed at american farm products whiz are priced competitively around the world. we have a competitive farm economy. soybean exports for example are big in china. and the u.s. farm belt has been struggling with its income in
she was not able to catch on and communicate with your average rural blue collar worker or farmer. what moved the obama voting iowan in some of those farm communities in northeast iowa, traditional democratic area, i can t believe the counties that flipped. why did these obama voters become trump voters? in 2012 you had really strong farm economy at that point. farmland prices were really strong. farm commodity prices were good. right now commodity prices have continued to slip. now you are seeing actually the
the work all right, you did not spend any time at all on christmas day or the day after thinking about the farm bill. if you did, maybe we can be friends, because you and i we get along, we know what is up. the farm bill is a big deal. not just a policy to farmers, but to people who purchase and eat food. particularly if you purchase any dairy products which may skyrocket in price. we re talking $7 milk here, people. which is why you may want to pay attention to tonight s challenge. can we in two minutes or less, explain the farm bill and why it might totally mess up your grocery bill? can we get the clock? we have the clock. all right. here we go, the farm bill covers billions of dollars in farm programs. america needs a stable farm economy, which we currently kind of have. congress always passes a farm bill or renews one that is in effect. they do it, because if they don t do it, the farm legislation lapses and we revert to farm laws between 1938 and
if my calculations are correct, and it looks like i did the work all right, you did not spend any time at all on christmas day or the day after thinking about the farm bill. if you did, maybe we can be friends, because you and i we get along, we know what is up. the farm bill is a big deal. not just a policy to farmers, but to people who purchase and eat food. particularly if you purchase any dairy products which may skyrocket in price. we re talking $7 milk here, people. which is why you may want to pay attention to tonight s challenge. can we in two minutes or less, explain the farm bill and why it might totally mess up your grocery bill? can we get the clock? we have the clock. all right. here we go, the farm bill covers billions of dollars in farm programs. america needs a stable farm economy, which we currently kind of have. congress always passes a farm bill or renews one that is in