Source: Shawn Langois, MARKET WATCH, 12/3/19


It’s the “fat cats” who are benefiting most from President Trump’s taxpayer bailout to farmers hurt by his trade war, according to Anne Weir Schechinger, a senior analyst with Environmental Working Group. According to a recent study from the group, “the richest of the rich” — the top 1% — received 13% of the federal payments, or more than $177,000 each. The bottom 80%, on the other hand, got an average payment of $5,136. Three of the “fat cats” received more...

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