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NEWS WIRE IMPORT QUOTAS Obama Cuts Sour Deal on Sugar President Barack Obama has kept a campaign promise to the sugar lobby at the expense

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NEWS WIRE IMPORT QUOTAS Obama Cuts Sour Deal on Sugar President Barack Obama has kept a campaign promise to the sugar lobby at the expense of American families struggling to pay their grocery bills and U.S. manufacturing workers ghting to keep theirjobs... Since the early 19803, the domestic U.S. sugar industry has enjoyed cartel-like control of the domestic market. A system of price supports and import quotas virtually guarantees domestic beet and cane growers an 80 percent market share. At times, this has forced American families and sugar-consuming industries to pay prices two or three times the spot world pnce. This has been bad news for families, who must pay higher prices at the grocery store, but equally bad for a segment of American workers. Articially high domestic sugar prices raise the cost of production for rened sugar, candy and other confectionery products, chocolate and cocoa products, chewing gum, bread and other bakery products, cookies and crackers, and frozen bakery goods. Higher costs cut into prots and competitiveness, putting thousands of jobs in jeopardy... In all, 6,400 workers in the sugar-procesing industry have lost theirjobs because of their own government's deliberate policy to drive up the cost of their major input. According to the U.S. International Trade Commission, the sugar program "saves" only 2,200 jobs in the sugar growing and harvesting industry. 80 our sugar policy eliminates three jobs for every one it saves. Source: Daniel Griswold, Cato Institute, October 8, 2009, from the archives of The Detroit News. According to the News Wire, what is the net U.S. job loss from sugar quotas

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