Re:The 100-year-old railway Mexico hopes will rival the Pana...
by ch4s3 on Monday April 22, 2024 @01:59PM
(#40116907)
The Jones Act is one of those truly infuriating acts of protectionism that absolutely hurts everyone except a small and dwindling number protected producers and doesn't accomplish its stated purpose. It's sad that this sort of policy is once again in vogue.
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Re:The 100-year-old railway Mexico hopes will rival the Pana...
by BurningFrog on Monday April 22, 2024 @10:55PM
(#40127968)
Maybe those producers could be bought off to end the Jones Act.
As in, every union member gets an immediate pension and $1M cash as part of the legalization.
Re:The 100-year-old railway Mexico hopes will rival the Pana...
by ch4s3 on Tuesday April 23, 2024 @10:27AM
(#40132384)
It's not really about the unions in this case, it's just the few owners of some decaying old ship yards. There are only maybe 90 Jones Act ships in existence (you'll see different numbers). These are the sum total output of ~150 US shipyards. Its time to rip of the bandage, not only does this arrangement produce almost no ship it hobbles the domestic shipping industry, small ports, Hawaii, Puerto Rico, and anyone who wants to move goods or people by water between US ports.
Re:The 100-year-old railway Mexico hopes will rival the Pana...
by BurningFrog on Tuesday April 23, 2024 @11:22AM
(#40132968)
OK, these ship yard owners can surely also be bought off with the right size one time amount.