The Briefing Room

General Category => Editorial/Opinion/Blogs => Topic started by: Free Vulcan on May 16, 2018, 04:47:39 pm

Title: U.S. Sugar Policy Stuck In A 20th Century Time Warp
Post by: Free Vulcan on May 16, 2018, 04:47:39 pm

80 years ago President Franklin Roosevelt signed into law the Agricultural Adjustment Act that established market allotments for sugar, setting legally-binding limits on the amount of sugar every cane mill and beet processor can sell each year.  Since then we have gone from prop planes to Moon landings and Mars Rovers, from box radios to iPhones, from the telegraph to email and from the Yellow Pages to websites. Throughout the last century, we’ve seen great advancement and much of this has come from a thriving private sector and a largely hands-off approach from government, but just like the “fall of the Berlin Wall” did not end socialism, years of U.S. Agriculture policy have still favored an anti-free-market approach to Sugar policy.

Read more at: https://townhall.com/columnists/larryhart/2018/05/15/us-sugar-policy-stuck-in-a-20th-century-time-warp-n2480756