Yes, but HFCS is cheaper. Cheaper means it ends up in more products. Cheaper means more gets consumed.
I mentioned in another comment above that circa 2003-ish the NYT Sunday mag ran an opinion piece that proposed that gov subsidies of corn were contributing to the obesity crisis. Lower corn prices === lower price for HFCS === more HFCS in more products === more products at lower prices === more sweetener calories being consumed.
Our gut microbes aren't evolved for this type of diet.