Are US sugar producers in violation of the law?
Or is it just a coincidence that domestic sugar prices are so much higher than world prices?
How much does the US economy benefit from the higher prices we suffer due to government restrictions?
Toddsterpatriot, ...
I'm not a proponent of the policy and do not perceive us deriving any net national benefit from it. But it certainly protects USA producers of those favored agricultural commodities from foreign dumping into USA or global markets.
What law do you believe is being violated? What's your point?
Respectfully, Supposn
The policy supports a narrow list of specifically favored USA commodities as chosen and determined by the U.S. Congress.
It effectively behaves as a legally determined minimum price for those commodities within USA marketplaces.
Yes, it, [i.e. federal commodity price supports] benefits a few domestic producers to the detriment of everyone else.
But at least it raises our GDP.....right?
I'm not a proponent of the policy and do not perceive us deriving any net national benefit from it.
Doesn't locally produced sugar increase our GDP?
Doesn't restricting sugar imports reduce our trade deficit (and thereby increase our GDP)?
How does that not result in a net national benefit?
What law do you believe is being violated?
Aren't they conspiring to raise domestic sugar prices, like the automakers in the early 80s?
it certainly protects USA producers of those favored agricultural commodities from foreign dumping into USA or global markets.
Exactly! Benefit a few, damage everybody else....
Toddsterpatriot, federal commodity price supports do not net increase our GDP and are net detrimental to our federal budget. Federal commodity price supports are net federal expenditures, when they increase production or otherwise favor one USA product, they reduce production or otherwise disfavor other USA products.
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You're assuming that USA vehicle producers violated federal law and were not prosecuted?
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I believe that USA vehicle manufacturers competed against each other and that if vehicle prices increased, they reflect the consequences of a normal competitive market.
To believe otherwise would lead me to conclude that our federal regulations regarding anti-trust and commercial competition are inadequate, requiring more stringent federal regulation and enforcement.
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The U.S. Congress and President, not sugar producers had an exercised their power to determine our federal policy regarding sugar.
Respectfully, Supposn