Political Quotes

“We hear a lot from the proponents of this amendment about moving American companies to Mexico and to Canada. But that has nothing to do with the price of sugar. It has everything to do with labor costs, health care costs, and trying to get every penny out of the American farmer. {time} 0930 Have any of you seen the price of sugar, cakes or cookies plummet over the last few years as sugar prices have decreased by 55 percent? No, you haven't. You will hear a lot from the proponents of this amendment about the high prices of sugar--so high indeed that restaurants give it away and that you can buy a five-pound bag of sugar for almost nothing. The idea that adopting this amendment is going to somehow create a free market for sugar is ludicrous. The world sugar market is one of the most distorted markets in the world. Adopting this amendment or even repealing sugar policy would do nothing but subject the U.S. to that distorted market even more than we are today, cost a lot of farmers their livelihoods, and cost this country an industry with all the jobs and economic activity that go with it. Let's be quite clear, the U.S. is already one of the largest sugar importers in the world. The Acting CHAIR. The time of the gentleman has expired.”