Hard to Swallow

Here is a Valentine’s Day reminder of how U.S. sugar protectionism raises prices on supermarket shelves and reduces the ability of U.S. food processors to compete in world markets. It explains that…

For decades, sugar beet and sugar cane farmers and processors have been the beneficiaries of a sugar program that stealthily drives up sugar costs—and, consequently, the cost of that heart-shaped box of chocolates. Over the past 30 years, the annual burden on U.S. consumers has averaged over $3 billion in higher food prices.

Bad for us, but for the sugar producers it’s kinda sweet.