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Pastimes : THE SLIGHTLY MODERATED BOXING RING

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To: TimF who wrote (14705)6/11/2002 8:28:51 PM
From: Dayuhan  Read Replies (2) of 21057
 
subsidies that decrease prices are also almost always a bad idea.

Subsidies do not decrease prices. They just shift part of the price onto the taxpayer.

As you say, not a good idea.

The US imposes quotas on sugar imports. These allow US sugar producers, with a cost of production higher than almost anywhere in the world, to keep a portion of the market. They also keep US sugar prices artificially high, and prevent money from moving to poor countries that desperately need it.

Then we wonder why the poor countries can't pay their debts....
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