EDITORIAL: Jones Act ripe for repeal
"Well, we're thinking about that, but we have a lot of shippers and a lot of people and a lot of people who work in the shipping industry that don't want the Jones Act lifted," he told reporters at the
Well, points for honesty. The first part of his statement is essentially an acknowledgment that the shipping industry was calling the shots, pushing to uphold the protectionist policy.
Under mounting pressure the president did later waive the provisions of the law for
The Merchant Marine Act of 1920 was enacted with good intentions, to foster a merchant shipping industry that could be pressed into service in times of national emergency or war. Defenders of the law insist it remains vital to national security, noting that it supports and ensures a vital
But the law ultimately drives up the cost of goods to places including
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