Generally speaking, pork barrel politics amounts to politicians trading favors to constituents or special interest groups for political support, often as campaign contributions. Pork barrel spending, better known as earmarks in federal spending bills, have surged in 2018. Who may be profiting this year? Smithfield Foods.
Have you ever wondered why all the gasoline stations in your neighborhood more often than not are selling fuel at the exact same price? A few summers ago I was traveling through Michigan when I needed gas. I pulled into a Mom-and-Pop and filled up for $1.91 a gallon which I thought was a good price given a few stations I passed with gas over two bucks. As I went inside to pay I overheard this conversation on the phone from what turned out was the station owner:
“… well Shell was one-ninety-one yesterday … same at BP …
As Dave Dickey writes, U.S. grain and oilseed farmers, specialty crop growers and pork producers are hoping that China and U.S. leadership pull back their reins on the potential for a full-blown trade war that could cripple U.S. gross domestic product.