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
- Racism in Lincoln? Looks more like ignorance - 4
- Representing whom? Jeanne Shaheen, leftist icon - 28
- Veterans Count, for less: Feds shred a program that works - 3
- Salem's town clown: Nothing is the public's business - 3
- Havenstein's Pledge: It's a sound business plan - 2
- 'Strange ideas' Banning guns made in NH - 31
- Personhood Controversial? Really? - 33
- Pocket Constitutions: Windham's non-scandal - 16
- Obama's escalation: In Iraq, too broad a fight - 14
READER COMMENTS: 0
- Body of woman found under Claremont bridge - 0
- Woman sentenced to a year in jail for crash - 0
- New tech course open to students in Londonderry - 0
- UPDATED: Nashua man accused of beating girlfriend - 0
- Developer granted permit for wind tower in Alexandria - 0
- Manchester Crimewatch: Man faces charge of simple assault against son’s mother - 0
- NHIAA Boys' Soccer: Bedford, Concord deadlock - 0
- NHIAA Boys' Soccer: Central shows title mettle - 0
- Dave D'onofrio Patriots Notebook: Don't expect Patriots to fix this - 0
Hillary Clinton to join Shaheen fundraiser
Racism in Lincoln? Looks more like ignorance
State surplus isn't big enough
Weare police sergeant's firing rescinded
Planned Parenthood endorses Hassan
By the horn: Feds owe NH man an explanation