SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (21852)12/28/2003 1:58:04 PM
From: LindyBill  Read Replies (1) | Respond to of 793624
 
Daniel Drezner Blog.

Protectionism never tasted so sour

The Chicago Tribune had another story this week on the outsourcing of American manufacturing jobs. The cause? American protectionism:

BRYAN, Ohio -- Here in what could be called the candy cane capital of the world, residents like to boast that food doesn't get more American than this old-fashioned, red-and-white striped confection.

That's because more than 90 percent of those peppermint canes are consumed within the United States. And nearly all were made domestically as well.

But no more.

In the last three years, nearly half of all U.S. candy cane production has shifted to Mexico, industry experts say.

That's true of the candy cane maker based in this northwest Ohio town, Spangler Candy Co., which recently opened a plant in Juarez that generates half of Spangler's striped treats.

But the story of the Mexican candy cane isn't your typical tale of American manufacturers chasing lower wages. It's more about the cost of sugar than the cost of labor.

Because federal tariffs and subsidies push the price of U.S. sugar far above what it fetches on the world market, candy cane makers such as Spangler are opening factories overseas, where sugar can cost 6 cents a pound compared to 21 cents back home....

Other makers of hard candy have followed a similar pattern, at least in part because hard candy, unlike chocolates which can use corn syrup substitutes, are so sugar-intensive.

In Chicago, for example, Brach's Confections plans to shut its plant in 2004, forcing about 1,000 workers out of their jobs. The Chicago area, the center of the U.S. confection business, has lost an estimated 3,000 candy-related jobs since 1998.

The good news -- if the Central American Free Trade Agreement is passed, manufacturers that rely on sugar as an input of production would no longer have the same need to relocate.
danieldrezner.com



To: MSI who wrote (21852)12/28/2003 3:39:48 PM
From: Sully-  Read Replies (1) | Respond to of 793624
 
"Bush should be removed for this incompetency/criminality alone."

Could you cite some specific & factually accurate
instances of incompetence & criminal actions by President
Bush that deserve him being removed from office? A few
links to reliable sources supporting these allegations
would be appreciated as well.

It is quite easy to make such vague but damning
statements. They make for great sound bites. Without any
real substance to such harsh allegations, they are just
more hyperbole, spin & distortion of reality from an
inflexible, disingenuous partisan.