American Farmers In Trouble
This isn’t a good sign.
It has now been learned that the agricultural economy, otherwise known as farming economy, has shrank for its 5th straight month under Joe Biden’s presidency.
According to Fox, the Creighton University’s Rural Mainstreet Economic Index found that the agricultural economy sits below the neutral score of 50.
They further pointed out that this marks the 5th straight month the farming economy has shrunk.
A shrinking farming economy means that farmers and ranchers have less livestock, less money overall to conduct business, less crops, less workers and less machinery.
It’s even worse in some places too. The Rural Mainstreet Index (RMI) found that South Dakota’s RMI sank to a whopping 38.8.
President Biden needs to do something to strengthen America’s farmers before these issues start bleeding into middle class America.
