More Sugar Subsidy Opposition
Last month we ripped into the federal government’s latest sugar bailout – which is conneYou must Subscribe or log in to read the rest of this content.
Last month we ripped into the federal government’s latest sugar bailout – which is conneYou must Subscribe or log in to read the rest of this content.
16 comments
Not only that but the politicians sell it as protecting jobs in the domestic sugar growing industry. The fact is that yes some low wage jobs are protected but we end up losing many high-paying jobs in sugar using food processing and candy manufacturing industries. For example, Lifesavers moved thousands of jobs from Chicago, not to low wage counties like China or Mexico but to Canada where they can access sugar at the world market rate of half the price we Americans are forced to pay. Not only this but because of high sugar prices domestic soda manufacturers substitute with corn syrup which adds to our obesity problems. Thanks Rubio!
you’re cute,and seem like a party-type.how big? blow and blow?
http://www.youtube.com/watch?v=_DyesPp6OUY
Not only that but the politicians sell it as protecting jobs in the domestic sugar growing industry. The fact is that yes some low wage jobs are protected but we end up losing many high-paying jobs in sugar using food processing and candy manufacturing industries. For example, Lifesavers moved thousands of jobs from Chicago, not to low wage counties like China or Mexico but to Canada where they can access sugar at the world market rate of half the price we Americans are forced to pay. Not only this but because of high sugar prices domestic soda manufacturers substitute with corn syrup which adds to our obesity problems. Thanks Rubio!
you’re cute,and seem like a party-type.how big? blow and blow?
http://www.youtube.com/watch?v=_DyesPp6OUY
i realize you were just quoting another author, but on what planet do subsidies inflate the prices of the foods that contain the subsidized product? besides the budge aspect, the thing about subsidies that’s ruinous is that it makes it LESS costly to buy corn- and sugar-laden products. THAT’S WHY EVERY FUCKING THING IS MADE WITH CORN, for example… cause it’s cheap, not cause it’s costly.
if you’re so compelled, THAT’S what you should write about–SC is fat, not broke, cause of the subsidies.
/end rant
i realize you were just quoting another author, but on what planet do subsidies inflate the prices of the foods that contain the subsidized product? besides the budge aspect, the thing about subsidies that’s ruinous is that it makes it LESS costly to buy corn- and sugar-laden products. THAT’S WHY EVERY FUCKING THING IS MADE WITH CORN, for example… cause it’s cheap, not cause it’s costly.
if you’re so compelled, THAT’S what you should write about–SC is fat, not broke, cause of the subsidies.
/end rant
“but on what planet do subsidies inflate the prices of the foods that contain the subsidized product?”
Planet Earth-specifically the USA.
A price support (subsidy to the domestic sugar industry) on US domestic sugar keeps US sugar prices artificially high while keeping cheaper Brazilian cane sugar from being imported. The US consumer has to pay at least 22 cents per lb. to protect our sugar industry even though Brazilian cane sugar could be imported at a much cheaper price.
So over a year’s time this equates to billions more spent by consumers due to the crony capitalism which protects the inefficient and politically connected at the expense of the average consumer and taxpayer.
Well said.
One can’t talk about the sugar subsidy without first discussing the corn subsidy — it’s the corn subsidy which spurred the invention of high-fructose corn syrup. HFCS is a sugar substitute.
no.you’re the sugar substitute
http://www.youtube.com/watch?v=R3SiWcyg29g
How sweet =)
“but on what planet do subsidies inflate the prices of the foods that contain the subsidized product?”
Planet Earth-specifically the USA.
A price support (subsidy to the domestic sugar industry) on US domestic sugar keeps US sugar prices artificially high while keeping cheaper Brazilian cane sugar from being imported. The US consumer has to pay at least 22 cents per lb. to protect our sugar industry even though Brazilian cane sugar could be imported at a much cheaper price.
So over a year’s time this equates to billions more spent by consumers due to the crony capitalism which protects the inefficient and politically connected at the expense of the average consumer and taxpayer.
Well said.
One can’t talk about the sugar subsidy without first discussing the corn subsidy — it’s the corn subsidy which spurred the invention of high-fructose corn syrup. HFCS is a sugar substitute.
no.you’re the sugar substitute
http://www.youtube.com/watch?v=R3SiWcyg29g
How sweet =)