alt Hacker News> It was exciting to finally see the first real pushback in the last administration under Lina Khan. So many upset businessmen on TV! Unfortunately, elections have consequences, and the work did not continue.
Perhaps one of the consequences of her actually pushing back on this was one of the many reasons the owner class overwhelmingly backed Trump.
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~78% of farmers voted for him. They are directly responsible for their own outcome in this regard.
Canada supplies 75-80% of US potash imports, and potash is a non-substitutable input in agriculture; without it, crop yields drop significantly. China no longer buy soybeans from US farmers, and instead now sources from South America; they have made a token 12M ton purchase, as they promised.
https://www.thenation.com/article/society/farmers-bailout-tr...
> Ragland, for example, supported Trump dating back to 2016, making him just one of many in rural America. Trump won a majority of USDA “farming-dependent” counties ahead of his first term, and within a year of assuming office, his trade wars drove American farm exports to China down from $19.5 billion to $9 billion. Ultimately, farmers saw a decline of $27 billion in agricultural exports, nearly 71 percent of that attributable to soybean profit losses. Ragland, a soybean farmer, still turned right back around and voted for Trump again in both 2020 and 2024. Here again, he was just one of many. Farmers increased their support for Trump by 5 percent in 2020, hitting 76 percent support, and then added another 2 percent in 2024, reaching 78 percent support. In 100 of the country’s 444 “farming-dependent” counties, according to Investigate Midwest, Trump won a whopping 80 percent of the vote.
> “So they voted for this guy three times—all these white farmers did. And now this president has turned agriculture in this country to the worst [shape it’s been in] since the ’80s. Farm bankruptcies. Farm foreclosures. Farm suicide [My note: farmer suicides are 3.5x-4x the general population]. Input costs—all these things,” Boyd told me.
https://investigatemidwest.org/2024/11/13/trump-election-far...
> Not only did Trump increase his support among farming-dependent counties, but more than 100 of those counties supported him with at least 80% of their vote.
This is entirely self inflicted, which to me, is wild and a case study for history. This was a collective choice, intentionally made.
Do you propose continuing to not push back instead? That'll show 'em!
Populism is in the air, and for good reason. Lina Khan's FTC was not all they feared, but if it had been, our mistake would have been one of not going far enough.