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The Protection Racket

 The Wall Street Journal reports:

The U.S. Department of Agriculture indicated it will allow a small increase in U.S. sugar imports this year, a decision that is likely to do little to quell complaints from confectioners and processors about tight supplies.

Agriculture Secretary Tom Vilsack said Tuesday that the department would make "some adjustment" to the sugar quota, which has been in place for decades. Mr. Vilsack said it could be raised by about 24%, or as much 300,000 short tons, from the 1.23 million short-ton level, an increase he described as not significant.

The Federal Government's "Protection Racket" has been going on for decades and is just one example of government intervention that harms our Free Market economy.  You could be saving money to pay your taxes if sugar was less expensive, but the government's protection racket keeps the price high and the supplies short.

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