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The domestic ship building industry imploded. America is an economic empire built on maritime shipping with only one remaining commercial shipyard capable of pr
by jjk166 6y ago
The domestic ship building industry imploded. America is an economic empire built on maritime shipping with only one remaining commercial shipyard capable of producing large vessels, and it is being kept alive with government contracts.
- vkou 6y agoThat has everything to do with lower cost of labour overseas. Without the requirement for US ships to go from one US port to another, the shipbuilding industry would still be dead, and you'd have a dead shipping industry with it. You would have foreign-flagged crews moving cargo with foreign-built ships, against which you'd have zero recourse, in the event of disaster.