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> But why do it at all? There's no evidence that the Jones Act has worked. But there are more options than that, like strengthening the Jones Act to make it wo
by tablespoon 4y ago
> But why do it at all? There's no evidence that the Jones Act has worked.
But there are more options than that, like strengthening the Jones Act to make it work better. It's a false choice to present the options as a binary repeal or keep.
- ch4s3 4y agoHow could you make it work better by strengthening it? There are decades of work in economics point to how shitty the Jones Act is. It punishes island territories and makes US ship building less competitive.
- tablespoon 4y ago> How could you make it work better by strengthening it? There are decades of work in economics point to how shitty the Jones Act is. So? Those people who did that "work" have certain priorities, but those priorities aren't the only ones. One annoying thing about economists (or at least many of the ones that spend their time pontificating to the public like this) and economics-minded people, is that they're almost always fixated on a small number of oversimplified metrics that they think should be overoptimism to the exclusion of all else.