You won’t see an economics writer with this opinion very often, but good riddance to Hostess – even with 18,000 jobs down the drain.
New York Mayor Michael Bloomberg is right: We have to start taking account of the full social costs of junk food. The damage that Hostess products have done to Americans’ health is not worth the jobs that would be saved, especially since the mass production food industry is hard to offshore to Asia.
The former Hostess employees, including 200 in Connecticut, should be offered special benefits under an extension of the federal Trade Adjustment Assistance program, which is normally aimed at people whose jobs are lost because of foreign competition. All of us should share in the cost of a transition to a healthier food system.
Besides, Twinkies will be with us for a long time. Put one in your kitchen cabinet today and open it in ten years — it will be as fresh as the day you bought it, thanks to the company’s double-secret recipe: strip food of all fiber and nutrition, then load it up with preservatives.