Home » Opinion » Editorials
Shaheen vs. sugar: The senator's good fight
Last Thursday, on Valentine's Day, Shaheen introduced a new version of her bill, written with Sens. Mark Kirk, R-Il, and Pat Toomey, R-Pa., to reduce federal price supports for U.S. sugar producers. In the past, Shaheen has tried to end the price supports entirely. This bill does not go that far, unfortunately, but it probably has a better chance of passing because of that.
The federal government has developed a crazy system of regulations and subsidies that artificially inflate the price of sugar sold in the United States. In the 30 years from 1982 to 2012, the average price of sugar in the USA was more than twice the world price (29.1 cents vs. 14.4 cents per pound), University of Michigan economist Mark Perry noted in an analysis for the American Enterprise institute last week.
Last year alone, the price supports cost U.S. consumers $3 billion.
The protections supposedly save jobs in the sugar industry. But a 2006 U.S. Commerce Department study concluded that "(f)or each one sugar growing and harvesting job saved through high U.S. sugar prices, nearly three confectionery manufacturing jobs are lost."
That is, to protect a handful of major sugar producers, the government hurts candy makers like Lindt in Stratham, as well as every U.S. consumer who buys anything containing sugar.
Shaheen has taken the lead in the Senate in fighting these subsidies.
Though she continues to support other wasteful subsidy programs, such as those for "green energy," she deserves credit for coming to the aid of Lindt and American consumers by going after the unjustifiable sugar price supports.
READER COMMENTS: 18
- Smith schools Hassan: Leadership in Londonderry - 0
- Where officers live: Manchester is missing the point - 3
- Leo Bernier: For Hillsborough County Commission - 0
- Insurance exchanges Sam's Club or Obama's club? - 11
- Garcia and Guinta: For a change, send them to DC - 21
- Jeanne's travel ban: She doesn't want Obama here - 14
- Making it up: Shameless state Senate attacks - 9
- Fixing Obamacare: Shaheen offers no way out - 41
- Team Obama: Faking right, voting left - 26
READER COMMENTS: 0
- School's out for voters - 0
- Kuster's abortion lies: Claims against Garcia are untrue - 0
- Brown, Shaheen run hardest where support is deepest - 0
- Jonathan E. Benedict - 0
- Drew Cline: GOP missed opportunities could mean trouble on Tuesday - 0
- Dave D'Onofrio's Patriots Notebook: Demaryius Thomas is x-factor for Broncos' offense - 0
- College Football: Big Green ready for tussle with Harvard - 0
- UNH Notebook: Albany is much improved - 0
- MVP Bumgarner rides to the rescue for Giants' third World Series win in five years - 0
The Obamaconomy: Shea-Porter shows its flaw