This was an interesting research topic. I cannot believe theimpact of something like sugar has on us and the U.
S. For US consumers,taxpayers and workers the cost of the policies outweigh all benefits of sugar.It is estimated that US consumers and businesses pay an average of $3.
5 to $4.5Billion in higher costs all because of the government’s inflation of sugarprices.(atr.org) A new deal between U.S. and Mexico regarding sugar exports was just accepted.Mexico is accepting a new minimum price for the sugar sold to the U.S.
and is limitingthe amount of refined sugar it exports which will conserve high sugar pricesfor domestic producers. This is being celebrated by U.S. Sugar cane and beetfarmers but is no good for other industries such as pop, processed foods, and sweetsindustries as they have fought federal securities of domestic sugar.
Per washingtonpost.comstates, “Today’s announcement is a bad deal for hardworking Americans andexemplifies the worst form of colleague capitalism,” said the Coalition forSugar Reform — which represents Coca-Cola, Nestle, Kraft Heinz and hundreds ofother food companies — in an incendiary statement. U.S. sugar policy shouldempower America’s food and beverage companies to create more jobs, not puthundreds of thousands of good-paying U.S. jobs at risk just to benefit onesmall interest group.
” The sugar industry U.S. as a whole does not need to be putting ourselves ina situation to lose more jobs here. We should be making every opportunity tokeep and create more job opportunities here. I don’t understand how governmentcould be the one to say for each specific job how much money per consumer isrequired to pay to save any industry.
Why would this fall back onto the generalpopulation as a whole? With that said, I do not believe that the Americanconsumers should be expected to pay regularly to keep the sugar industry or anyindustry for that matter protected.