Tuesday, 3 May 2011
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U.S. Sugar Program Means Higher Prices and Short Supplies
Advocates of the U.S. sugar program like to claim they are protecting our "food security." It turns out that trade barriers deliver higher prices for consumers while making our food supplies LESS secure. According to a story in yesterday's Wall Street Journal, titled "Sugar Squeeze in U.S.," bad weather has curbed the amount of sugar cane produced in Florida and sugar beets in the Midwest. When
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