have never made money

[Eartha]

Dear all,

How should I understand "have never made money" underlined in the sentence below?

Thanks in advance.

Congress made some effort to help, twice passing bills that would have established “parity” programs in which the federal government would buy surplus crops at guaranteed prices, and then sell them overseas for whatever the market would pay. But Coolidge vetoed both bills. “Farmers have never made money,” he said. “I don’t believe we can do much about it.”

 

[bhaisahab]

Dear all,

How should I understand "have never made money" underlined in the sentence below?

Thanks in advance.

Congress made some effort to help, twice passing bills that would have established “parity” programs in which the federal government would buy surplus crops at guaranteed prices, and then sell them overseas for whatever the market would pay. But Coolidge vetoed both bills. “Farmers have never made money,” he said. “I don’t believe we can do much about it.”

It means that they have never earned a lot of money, never become rich.