Skip to comments.Lifesavers candy abandons U.S. plant
Posted on 06/01/2002 4:25:00 PM PDT by FourPeas
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You support tarrifs to protect one industry, you end up hurting others. Protectionists are to stupid and selfish to understand that.
Bush's steel tarrifs will cause many manufacturers that use steel to re-locate over seas and the anti free traders will have only themselves to blame. Idiots.
Neil Cavuto who had this story back in march?! My favorite is the "economist" that estimates Lifesavers' CGS at $.05, of course he shows none of his numbers that he bases that on. If I remember right when Neil had him on the guy was talking about the store sale price, must have forgotten that a lot of that goes to the store.
Because the US government slaps a nearly 100% tarrif on imported sugar in order to keep prices artificially high for US sugar producers.
Thats why sugar is cheaper in Canada which produces absolutely none. Even after paying to import sugar it is still cheaper than domestic US sugar.
Doesn't it make you feel all warm inside knowing you are paying higher prices for everything that has sugar in it so that you can support a bunch of wealthy farmers?
I say it again: when the Democrats get in, it gets worse and when the Repubbys get in, it don't get no better.
The Jolly Rancher Candy Company was founded in Golden, Colorado, by Bill and Dorothy Harmsen in 1949. They called the company Jolly Rancher to suggest a hospitable, western company. The company originally made ice cream, chocolate and hard candy. As hard candy sales grew, however, they began to concentrate on developing their "Famous for Flavor" line of hard candies.
In 1966, the Harmsens sold Jolly Rancher to Beatrice Foods, but the family continued to be involved in the day-to-day operation of the business. Leaf purchased Jolly Rancher in 1983. Hershey Foods Corporation acquired the Leaf North America confectionery operations from Huhtamaki Oy of Helsinki, Finland in 1996.
Lifesavers be damned if they leave America !!!......... Jolly Rancher's.... "FIRE" .... rules !!
Stay Safe !!
I brought this up with the Pat Buchanan crowd and they gave me a nasal, whingeing lecture about how they didn't mind paying extra money for sugar to sustain the important domestic sugar industry. Well here are the results. The next person whom you see advocating protectionism, hit them with this.
Canada produces over 10% of it's own sugar from sugar beets (Alberta). Canadian farmers do not get a sugar beet subsidy The majority of cane is imported from Australia, South America and the Caribbean. Not Cuba.
Unfortunately, not all the farmers are wealthy, but yes, the tarrifs are obviously doing farm more harm than good.
What formed my initial question/confusion was that this situation reminded me of the prescription drug cartel - You can get the EXACT same prescription drugs in Canada for far less than in the US. I didn't know if the Sugar situation was similar or a totally different ball of wax...although in both cases, US consumers are getting the screw.
Actually it would be more accurate to say that Americans can get the exact same drug for less. Believe me, the Canadians are PAYING for it. In effect they subsidize Americans who buy drugs in Canada. Now how right is that?
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