Re:It’s Time to Repeal the Jones Act
by JackFr on Wednesday October 19, 2022 @12:25PM
(#33264485)
The problem is, the Jones Act has harmed our shipbuilding capacity as well. According to the artcle our ship building capacity is 1% of China's and US built ships cost 6-8 times as much. That's not helpful.
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Re:It’s Time to Repeal the Jones Act
by tablespoon on Wednesday October 19, 2022 @12:40PM
(#33264674)
> The problem is, the Jones Act has harmed our shipbuilding capacity as well. According to the artcle our ship building capacity is 1% of China's and US built ships cost 6-8 times as much. That's not helpful.
So better have ship building capacity at 0% of China's and it be impossible to buy US built ships at any cost?
Re:It’s Time to Repeal the Jones Act
by yellowapple on Wednesday October 19, 2022 @01:13PM
(#33265096)
That, or make it easier to start up domestic shipbuilders.
In a vacuum, the Jones Act should be encouraging the construction of new shipyards and/or freight rail infrastructure. That neither seems to have happened suggests that other barriers exist, and those barriers need addressed, Jones Act or no.
U.S. built things costing 6-8 times as much as Chinese built things is not specific to shipbuilding.