EmptyTimCup
06-20-2012, 07:02 AM
America vs. the Sugar Lobby (http://www.redstate.com/pat_toomey/2012/06/20/america-vs-the-sugar-lobby/)
It’s not often conservatives and liberals, Democrats and Republicans, pro-growth conservative groups and the Teamsters agree on something. In fact, it’s almost unheard of. :whistle:
But when it comes to the federal government’s sugar program – one of the most egregious corporate welfare handouts in a long list of wasteful programs – these strange bedfellows have found common ground.
For years, the federal government has kept the price of sugar high by capping domestic production, imposing a de facto government price floor, and mandating that USDA buy excess sugar to sell to ethanol producers at a loss. The U.S. government also places exorbitant restrictions on sugar imports. The cumulative effect of all these special protections is an artificial increase in the price of sugar for Americans relative to other countries.
As a result, American consumers pay more for products containing sugar, and U.S. manufacturers of sugar consuming products are at a competitive disadvantage. Not surprisingly, many of these manufacturers have closed their doors or moved their factories to Canada and Mexico where sugar costs less than half the price. The Department of Commerce agrees, finding that for every one job protected by the sugar program, three others are lost in sugar using manufacturing industries.
I know lets end the subsides, add a 25% tax on sugar and require food producers to post on the packaging a price difference based on the amount of sugar in the product
.... this loaf of bread would cost $ X.xx but we load it with sugar so you will buy more ..... so it costs $ Y.yy
It’s not often conservatives and liberals, Democrats and Republicans, pro-growth conservative groups and the Teamsters agree on something. In fact, it’s almost unheard of. :whistle:
But when it comes to the federal government’s sugar program – one of the most egregious corporate welfare handouts in a long list of wasteful programs – these strange bedfellows have found common ground.
For years, the federal government has kept the price of sugar high by capping domestic production, imposing a de facto government price floor, and mandating that USDA buy excess sugar to sell to ethanol producers at a loss. The U.S. government also places exorbitant restrictions on sugar imports. The cumulative effect of all these special protections is an artificial increase in the price of sugar for Americans relative to other countries.
As a result, American consumers pay more for products containing sugar, and U.S. manufacturers of sugar consuming products are at a competitive disadvantage. Not surprisingly, many of these manufacturers have closed their doors or moved their factories to Canada and Mexico where sugar costs less than half the price. The Department of Commerce agrees, finding that for every one job protected by the sugar program, three others are lost in sugar using manufacturing industries.
I know lets end the subsides, add a 25% tax on sugar and require food producers to post on the packaging a price difference based on the amount of sugar in the product
.... this loaf of bread would cost $ X.xx but we load it with sugar so you will buy more ..... so it costs $ Y.yy