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: 0
- Where’s Waldo? Just ask the NSA - 12
- Joseph W. McQuaid: Keeping public in the dark isn't helping find Abigail - 26
- The Peace Light: A Christmas reminder for all - 0
- Doing 'less with less' Is that Gov. Hassan's new motto? - 11
- Washington Jeanne: Will Shaheen face her state? - 44
- McWages: They're about value - 82
- Night lights: Francestown freaks out - 1
- Outrage du jour Garcia, Sullivan and victimhood - 31
- Cyber Monday alarm: The sales tax monster rises - 7
READER COMMENTS: 33
- Town's Visiting Nurse Service to get new lease on life in 2014 - 0
- Volunteers sought for discipline committees - 0
- In Portsmouth, ACA primer fails to draw much interest - 0
- Heating fuel assistance funding cuts draw ire of Rep. Kuster - 0
- Nashua aldermen vote for new leadership - 0
- Negotiations with city teachers collapse; Gatsas to take over talks - 0
- Wildcats hockey team falls from national rankings - 0
- Dave D'Onofrio's Patriots Notebook: Another battle looms for Gronk - 0
- Former Kennett quarterback bowl-bound as BC lineman - 0
Wreaths Across America get big send-off
Where’s Waldo? Just ask the NSA
New UNH logo draws mixed reactions
Bird blenders: 'Green energy' sacrifice