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: 12
- Needing answers in Weare: The first step to accountability - 0
- Where terrorists win: The world's one 'kill Americans' zone - 5
- Expanding NH economy: Of energy costs, trains and clowns - 3
- Obama acts illegally: Shaheen parrots his talking points - 64
- Regulations must adapt: Cities cannot squash the new economy - 3
- Offend someone? To jail with you! - 22
- King Obama: Creating a constitutional crisis - 42
- VA wait times: They are still bad - 6
- NH votes matter: A House close to the people - 2
READER COMMENTS: 0
- Rymes is ready to roll following Fred Fuller purchase - 0
- Police investigating death of 3-year-old girl in Nashua - 4
- One killed in Wednesday morning crash on I-89 in Warner - 0
- Police say hit-and-run driver was observed tossing beer cans from car - 0
- City championship on the line Thanksgiving Day - 0
- Your Turn, NH -- Mike Moffett: Republicans can win in 2016 with Kasich at the top of the ticket - 6
- On being American: A point for reflection - 2
- Charles Arlinghaus: 'Tis the season for budget games and gimmicks - 0
- Rymes takes over for Fuller, deliveries start Wednesday - 1
Manchester school exec contract squeaks by
Pipes and plans: A chance to show up Mass.
Your Turn, NH -- Mike Moffett: Republicans can win in 2016 with Kasich at the top of the ticket
On being American: A point for reflection