This archaic, cronyist law hurts all Americans, but especially Puerto Rico


 

The Jones Act, as we’ve said, is a crony capitalist tool that benefits a small group within the shipping industry but costs the rest of us.

(From The Washington Examiner)

Enacted as a way of strengthening the U.S. maritime industry in the wake of World War I, the legislation requires cargo shipping between U.S. ports to be done by U.S. owned and operated vehicles with crews that are majority American. These archaic rules long ago outlived any justification and hurt all Americans — driving up costs and enriching a once politically influential constituency.

Click here for the article.

Reprinted from: https://www.ac2news.com/2019/04/this-archaic-cronyist-law-hurts-all-americans-but-especially-puerto-rico/

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