Rubio’s 3-2-1 Strategy Sounded Great; But Does 3-5-4 Work?
Marco Rubio’s strategy was 3d in Iowa, 2d in New Hampshire, and 1st in South Carolina. His disappointing finish last night calls that strategy into question.Read More »
Promoted from the diaries by Caleb.
The federal government has been meddling with sugar production since 1934. Today’s convoluted system of supply controls, price supports, and trade restrictions benefits domestic sugar producers at the expense of consumers and utilizing industries. In other words, sugar producers “win” and the rest of the country “loses.”
The collapse of communism brought an end to many of the world’s command-and-control economic systems and central planning by government bureaucrats. But a notable exception is the United States government’s sugar program. A complicated system of marketing allotments, price supports, purchase guarantees, quotas and tariffs that only a Soviet apparatchik could love, the U.S. sugar program has actually lasted longer than the Soviet Union itself.
A Cato essay on agricultural regulations and trade barriers elaborates on points Lugar makes in his op-ed:
The federal government engages in a lot activities that are difficult to defend. But when it comes to sugar, the government’s protections are clearly indefensible.