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This is simply outsourcing. We know what happens when you outsource. You cannot simply export an industry and then expect to have more money flowing in the nati
by nmz 4y ago
This is simply outsourcing. We know what happens when you outsource. You cannot simply export an industry and then expect to have more money flowing in the nations economy at the end of the day, will the company be richer? sure, but the individuals who actually make that currency flow will be less. This is what happens in a lot of states that are fighting just so there's an amazon or any industry inside of it. To implement this in a national scale is extremely dangerous. Completely decimating the economic import/export balance of any nation.
- julienb_sea 4y agoThe Jones Act limits intra-state transit of goods. Trade efficiencies create new economically viable business opportunities, which in this context are definitionally domestic. Outsourcing the ships used for intra-state transit would unlock new domestic opportunities which ultimately grow the domestic economy. There are also acute more significant benefits. Transportation of natural gas by sea would allow better utilization of domestic gas production, as opposed to what currently happens, where states not connected by pipeline have to import gas internationally.