I am usually not for government intervention in our markets, but there are exceptions. The following should be a pretty clear example of when the gov needs to step in.
Several years ago large producers (conglomerates) negotiated the selling price per pound of the pork they raised in their mega farms.
The price was something like $0.62 per pound for pork on the hoof. Small farmers that took their hogs to the same markets would be offered $0.14 a pound. Do you see a problem here? The mega producers were supplying something like 92% of the market demand. The small farmers were producing the remaining 8%. The gov't (I was listening to Republicans on the radio at the time) said they had to step in and make the slaughterhouses pay the same to each producer, according to the quality of their hogs.
I think that was fair and necessary intervention.
This is what Trump is doing with reciprocal tariffs. If we have a level, fair playing field, our economy will boom.
Several years ago large producers (conglomerates) negotiated the selling price per pound of the pork they raised in their mega farms.
The price was something like $0.62 per pound for pork on the hoof. Small farmers that took their hogs to the same markets would be offered $0.14 a pound. Do you see a problem here? The mega producers were supplying something like 92% of the market demand. The small farmers were producing the remaining 8%. The gov't (I was listening to Republicans on the radio at the time) said they had to step in and make the slaughterhouses pay the same to each producer, according to the quality of their hogs.
I think that was fair and necessary intervention.
This is what Trump is doing with reciprocal tariffs. If we have a level, fair playing field, our economy will boom.
