The U.S. sugar lobby is promoting a supposedly free market idea: to get rid of the U.S. sugar support program if Brazilian producers give up their sugar subsidies. They call this concept “zero-for-zero.” It sounds good on its face. Agreeing to discontinue costly protectionist programs would help consumers in both countries, which have a long history of policies that block competition and raise consumer prices.
Fran Smith | All Articles
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Fran Smith is a board member and adjunct fellow at the Competitive Enterprise Institute.
Don’t look now, but here comes the farm bill, one of those catch-all legislative behemoths littered with wasteful programs and supported by entrenched special interests. The bill comes up for reauthorization every five years and is a lobbyist’s dream --- impacting everything from farm subsidies to food safety --- and industry and interest groups are working furiously to protect their sacred cows, so to speak.