Simple solution is to let market prices dictate cost of sugar, rather than corn subsidies. We're subsidizing one of the greatest health risks of the last and current generation.
Simple solution is to let market prices dictate cost of sugar, rather than corn subsidies. We're subsidizing one of the greatest health risks of the last and current generation.
One family is the Fanjul family - who got some unwelcome attention when it was disclosed that Clinton was talking to Fanjul while spending uh, "time with" Monica Lewinsky.
Part of the reason that HFCS is so heavily used is that it is cheaper than sugar - since sugar is so heavily protected from the world market price.
I'm undecided on the whole == poison part, though I'll do some reading. But if nothing else, more sugar == more addictive, and simple sugars in particular are excellent for skyrocketing your blood sugar levels. Shock and awe that it's used so often by junk food producers.
U.S. protection of the sugar industry costs American consumers about $8 per year per person.
Not surprisingly, FanjulCorp benefits significantly (their net profits average an additional $50 million to $100 million per year due solely to the quota and break-even program.
So the effect is that government intervention causes sugar prices to go up and corn prices to go down. Thus, there is government interference on both sides of the equation.
I consider corn subsidies more problematic, because they come directly from taxpayer money, while the costs of sugar tariffs are more roundabout (i.e., they result in higher market cost of sugar, but are not taken from my tax dollars, thus one can avoid the cost by eating less sugar). Also from my limited research it seems that corn subsidies are much more costly than all the cost of sugar price support.
I'm watching the murmuring about taxing soda; I'll know they're just bullshitting us about the health angle if it taxes sodas with no sugar in them, too. (I've read the health evidence about mere carbonated water; it's a non-zero risk (mostly potential lower esophagus damage caused by excessive belching spreading stomach acid around) but minimal next to the risks of obesity.)
{update} I guess it's worth mentioning also that that YouTube video was already posted to HN in December sometime.
It's sad because sugar is so delicious.