Sweet Deal for A Few, Not For Most
Thanks to the Washington Post (requires simple registration) for pointing out that restrictions on the ability of Americans to import sugar, “protecting” the domestic sugar industry, is killing the American candy industry. Americans are importing sugar into the U.S. in the form of … candy that’s been manufactured in Canada and other countries.
Protectionism doesn’t “save American jobs.” It just changes the jobs that people do — and makes the great majority of us poorer.