Reprinted with permission from Creators.
Our generally strong economy has yet to cast its blessings on American farm country. Incomes there are headed for their lowest level since 2006. And farmers are going deep into debt to keep their heads above water.
President Trump’s budget blueprint would only make things worse for U.S. agriculture. Trump’s hostility to trade deals has already inflicted damage on an economic sector highly dependent on exports. And that’s on top of his deficit-exploding tax bill and cranked-up federal spending, sure to make borrowing still more expensive.
U.S. farmers have been buffeted by the bumper crops of corn and soybeans.…