Posted by Bill(Wis) on July 19, 2020 at 06:54:22 from (75.97.187.58):
In Reply to: How do they do it? posted by Cowboy2005 on July 18, 2020 at 14:41:05:
We've had a lot tougher farming years in the USA than the ones we're in now. It hits each farmer a little differently, though. In 1930 a local neighbor was going broke. My grandfather went right over and paid him cash for his farm. My grandfather was a smart farmer, as was my father. Everything was paid for (after 1914) and still is. I don't buy anything unless I can pay cash for it. Last tractor I bought, in 2016, I could have paid cash for but didn't when dealer (owner of the dealership) told me: "Bill, I know you want to pay cash for this tractor but if you finance it through John Deere , you'll get another $4000 off." I jumped at that one, got the additional $4000 off and paid the loan off within a few days. What I'm talking about when I bring politicians into it is that they're scared for their political lives over what would happen if a major shortage of food ever occurred. They would lose their jobs. Riots in the streets would occur that would make today's situation look like a Kindergarten romp. They let the farmer produce plenty of food and then through a payment to him through the back door. Keeps everyone pacified.
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