Sugar Shock

Discussion in 'Current Events' started by DamnYankee, Aug 24, 2009.

  1. DamnYankee
    Offline

    DamnYankee No Neg Policy

    Joined:
    Apr 2, 2009
    Messages:
    4,516
    Thanks Received:
    441
    Trophy Points:
    48
    Ratings:
    +441
    WAPost editorial - Sun 8/22/09
    U.S. growers' sickeningly sweet deal with the government

    DOWN ON the farm, the latest dispute pits America's sugar producers against their biggest customers: food manufacturers that add the sweetener to everything from raisin bran to raspberry yogurt. The food makers are unhappy with a recent tightening of supplies that has pushed the wholesale price of refined sugar to 35 cents per pound. Warning of higher grocery prices and lost jobs, the manufacturers want Agriculture Secretary Tom Vilsack to allow more imports. Domestic sugar growers insist that supplies are adequate, thanks in part to imports of Mexican raw sugar to U.S. refineries, which were allowed on a tariff-free basis for the first time last year as part of the North American Free Trade Agreement.

    Who's right?

    cont'd
    washingtonpost.com
     
  2. Toro
    Offline

    Toro Diamond Member

    Joined:
    Sep 29, 2005
    Messages:
    50,764
    Thanks Received:
    11,054
    Trophy Points:
    2,030
    Location:
    The Big Bend via Riderville
    Ratings:
    +25,089
    The US pays higher sugar prices because of a narrow but powerful lobby group. Americans pay twice the global price for sugar because of tariffs on sugar.
     
  3. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,117
    Thanks Received:
    9,265
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,395
    Big Ag. Pfft.
     
  4. editec
    Offline

    editec Mr. Forgot-it-All

    Joined:
    Jun 5, 2008
    Messages:
    41,427
    Thanks Received:
    5,598
    Trophy Points:
    48
    Location:
    Maine
    Ratings:
    +5,617
    Start trading with Cuba, they're full up on sugar cane.

    Impose a tariff on it, of course.
     
  5. DamnYankee
    Offline

    DamnYankee No Neg Policy

    Joined:
    Apr 2, 2009
    Messages:
    4,516
    Thanks Received:
    441
    Trophy Points:
    48
    Ratings:
    +441
    U.S. ports set to deal with Cuba - USATODAY.com



    A tariff... Now why didn't THEY think of that?
     
  6. Mr. H.
    Offline

    Mr. H. Diamond Member

    Joined:
    Aug 19, 2009
    Messages:
    44,117
    Thanks Received:
    9,265
    Trophy Points:
    2,030
    Location:
    A warm place with no memory.
    Ratings:
    +15,395
    Why don't we drill for hydrocarbons off the coast of Florida. That should boost the economies of port cities.

    Oop. Cuba's already doing that. Nevermind.
     

Share This Page