We could give every sugar farmer in the USA a condo in Boca, a porsche and 75 thousand a year to QUIT RAISING SUGAR and the rest of the population would be better off. So why do we do it? Simple. Some congressman in Florida and Louisana paints a lugubrious story of the valiant American farmer, toiling against the odds of nature and the greed of foreign farmers, who beat the darkies working in the sugar fields and who pay them less than 2 cents an hour blah blah blah.
The market SEEMS harsh, but in the long run it is ruthlessly kind. Market societies adapt, thrive, and prosper. Protectionist societies like Europe and increasingly the USA wither, lose their wealth, and more importantly, lose the ability to produce wealth. Getting misty eyed over the Star Spangled banner won't change that basic truth.
I know this. In spite of this, Hershey Corporation is profitable. Could they be "more" profitable? Sure. Lobby Congress to level the playing field, instead of climbing in bed with the commies. Funny how that works here in America.
I don't see where you answered my question though. Did your FRiends dad and the hundreds of others head out themselves to the "business" paradise or did THEY choose to hang around this hellhole called the USofA? Please answer. Thanks in advance. Blackbird.
Don’t forget that Bill Clinton said, “move over, honey, I’ve gotta’ take this call” to Monica when Alfonso Fanjul called. But don’t worry, I’ve been assured on this thread that we are willing to pay ten cents more for a candybar.
Very well said. What is really interesting is that the protectionist subsidies are the root cause of this issue. As you mentioned, the argument is that we can’t compete against there workers who toil for dollars a day. The result is artificially high prices and then companies moving to where they can get lower prices for products they need.
The irony is that now others want to put more artificial barriers in place to prevent companies from leaving. They are trying to “solve” the problem, if it is even a problem, by enacting the same types of barriers that caused the problem in the first place.