A bitter lesson about sugarTo keep sugar prices artificially high, domestic sugar farmers have demanded subsidies and stringent quotas on the importation of foreign sugar. And the government complies . . .
But any industry that must pay twice or three times as much for its principal raw material as do its foreign competitors is at a serious competitive disadvantage. It’s a disadvantage, remember, that is not a result of natural market forces, but because of government’s preference for one sector of the American economy over another. It’s outrageous.
. . . maybe they can explain why a sugar beet farmer’s job is more important than the job of someone who works on the line in a candymaking plant. Maybe they can explain why the near-mystical need to keep uneconomical “family farms” in business is more important than the survival of urban manufacturing and urban jobs.
Rate this post:
(No Ratings Yet)
Loading ...
Stumble It!
