Jobs apocalypse! US Corn Refiners Association announces jihad against imported cane sugar.
Photo above - Patriotic, God-fearing corn farmers in the film "Signs" try to ward off alien damage to their crop.
Sometimes there are no heroes. Just villains. Or at least self-serving corporations and politicians. But isn’t that essentially the same thing?
Case in point: the Corn Refiners Association is lobbing press releases at us 24/7 warning that if Trump gets his way, and Coca Cola returns to using actual cane sugar in its heart-attack-in-a -can beverages, unemployment will skyrocket. (See MSN link below). Thousands of patriotic, red-blooded Americans who pick and shuck corn may end up in the unemployment line.
I was ready to enlist in this war to preserve corn syrup. Then I remembered that the US Corn Refiners Association already bamboozled us with government grants and tax incentives and regulations which force us to ONLY use gasoline with ethanol. Which is made from 100% US grown corn. Ethanol gasoline additives cannot be made from foreign corn. Our amber waves of grain are safe!
If you think American ethanol production is small potatoes, remember that 30 MILLION acres of US farmland are devoted to ethanol-only corn. This is a different variety than corn on the cob, livestock feed, popcorn, coca cola corn syrup, and vegetable oil corn. Those ethanol subsides make our Tostitos, Orville Redenbacher’s popcorn, and Mazola oil cost more.
The Corn Refiners Association now wants us to subsidize Coke and Pepsi corn syrup. But we already are. There are tariffs on cane sugar from outside the USA. How much is the tariff? Don’t ask - it's complicated. There are 40 nations named in the regulations, with different quotas and tariffs based on country of origin. All these cane sugar tariffs predate Trump, of course. In fact, the original subsidies for ethanol were passed during the Bush administration. The president may have received phone calls from farmers and lobbyists, but I can’t be sure about that.
I’m trying – and often failing – to eat healthier. The most recent iterations of the USDA food pyramid cast shade on Coca Cola, Tostitos, Mazola, cane sugar, corn muffins, and corn-fed beef. Free range beef and chickens are possibly healthier - and happier - before they become Quarter Pounders and McNuggets though.
So far Coca Cola execs are playing their cards close to their vest. After the “new coke” debacle, they don’t want to wander into anything that could tank soda sales. Coke warns that prices could go up 10 cents. But since I paid $2.50 for a 20-ounce bottle of coke at the Shell station yesterday, I fail to see the threat. In fact, if corn ethanol was removed from gasoline, the price per gallon at the pump actually might go down. Last time I checked, I was spending more on gasoline than Coca Cola each month.
I’m just sayin’ . . .
Trump’s bid to add cane sugar to Coke would cost America thousands of agricultural jobs, trade group warns
The Ethanol Subsidy and How Biofuel Tax Incentives Work