Sugar Subsidies are Welfare for the Rich

The U.S. sugar program costs consumers billions, while rich politically-connected sugar industry CEOs get richer.

The program is “Stalin-style price controls," Ross Marchand of the Taxpayers Protection Alliance tells me.

The U.S. government uses a complex system of loans, domestic quotas, and limits on how much sugar we can import. The goal is to control the price of sugar.

I call it “Welfare for the rich."