What a sweet deal
I’m not a fan to protectionism in any way so learning that sugar growers have been getting protection and subsidies for almost 200 years has my shorts in a bunch.
In 2004, government price controls through trade-quota restrictions and loan guarantees priced U.S. sugar at more than 20 cents a pound, which is about two-and-a-half times the world price. This means that Americans spend about $2.5 billion more a year in higher prices for sugar and food items that contain sugar than if this country enjoyed a free market in sugar.
It’s well over due to put an end to this.
posted by Dublin Saab @ 6:03 PM
1 Comments:
Bravo to the other NR for an excellent column. When they're being actual conservatives and not party-liners (which, admittedly, is pretty often), I can actually like those guys sometimes. Big Ag has been throttling Americans uncontested for most of the history of the republic, and it's well past time that we had as fair an agricultural market as, say, Venezuela. Who's the free-trade capitalist country again?
Good thing I don't eat sugar, or this stuff would make me mad, as opposed to mildly irritated.
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