President Trump bet the national farm on protectionist policies, lost it in a trade war, then pushed a New Deal solution to a crisis created by his own #MAGAnomics.
The Trump administration announced on Tuesday a proposed $12 billion bailout for farmers caught in the crossfire of the trade war with China. It requires dusting off a Depression-era program, something called the Commodity Credit Corporation, to subsidize the farmers and ranchers it just crippled. It would plow under every last conservative principle it once held dear.
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