Word: sugar
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Dates: during 2000-2009
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...Pelosi sided with the American Farm Bureau, the National Farmers Union and the Big Five commodity lobbies, spearheading a bill she called "a first step toward reform," an oblique way of saying it isn't reform at all. The Big Five would still hog the subsidies, while the influential sugar industry would retain its lucrative price supports. The one major "reform" was that farm families earning at least $2 million a year would supposedly be ineligible for subsidies, assuming none of them knew decent accountants...
...decades, this largesse was fairly uncontroversial. Georgians didn't like the sugar program, and Minnesotans rolled their eyes about cotton subsidies, but everyone made sure everyone else got theirs. In the 1970s, the House and Senate agriculture committees cleverly tacked food stamps onto farm bills to solidify the support of urban legislators. But when Republicans seized Congress in 1994, promising a revolutionary age of fiscal conservatism and free-market capitalism, they vowed to gut command-and-coddle farm policies that they compared to Soviet communism. They wanted the government to treat agriculture like any other business, and they said they...
...development, a nation's principal exports are almost always farm products and basic manufactures based on them, like textiles and clothing. But in both the U.S. and the European Union, the farm lobby is powerful. In the U.S., for example, domestic producers have long succeeded in imposing quotas on sugar imported from the Caribbean, though it is one of the islands' crops of comparative advantage. European governments, with the French at the fore, have always sought protection for their farmers as a way of preserving the rural environment and village life. Nick Stern, chief economist of the World Bank, recently...
...third is too close to class for comfort. They all do have their advantages, though: Finale’s Illy coffee is dependable and the desserts are legendary. Burdick’s hot chocolate is wonderfully thick and rich, in contrast to the insipid mixes of water and sugar that pass for cocoa at other establishments. Finally, the Barker Center Café offers free coffee in the early hours of the morning and the kind companionship of super-cashier Dottie all day. The ’90s soundtrack cannot be beat, either. But we generally recommend going elsewhere...
Princeton was wholly unimpressive in its recent visit to Cambridge, but the Tigers return home to host the Big Red under the lights. Cornell, like most door-to-door sugar seekers, is far more comfortable in its own neck of the woods; it hasn’t won on the road since 2005, a span of six straight defeats...