Tag Archives: Jones Act

https://www.washingtonexaminer.com/policy/energy/trump-debates-waiving-jones-act-to-ship-natural-gas-to-new-england-and-puerto-rico Trump debates waiving Jones Act to ship natural gas to New England and Puerto Rico by Josh Siegel  | April 27, 2019 12:00 AM President Trump is considering granting waivers to bypass the Jones Act, a century-old law law … Continue reading

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New Reports Detail the Jones Act’s Cost to Puerto Rico

  https://www.cato.org/blog/new-reports-detail-jones-acts-cost-puerto-rico February 25, 2019 9:31AM New Reports Detail the Jones Act’s Cost to Puerto Rico By Colin Grabow Last year the American Maritime Partnership released a report claiming that the Jones Act, a protectionist law which requires domestic water … Continue reading

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Puerto Rico debt crisis drives exodus to U.S.

Puerto Rico debt crisis drives exodus to U.S. Published on Aug 13, 2015 New austerity measures are imposing more economic pain on U.S. territory Puerto Rico, which already has a poverty rate almost double that of America’s poorest state. In … Continue reading

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Puerto Rico cannot compete with other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff

Puerto Rico cannot compete with the other Caribbean islands due to the Jones Act, minimum wage laws, excessive debt, per Peter Schiff.  His mains recommendations are to eliminate the Jones Act, eliminate minimum wage laws, restructure the debt.

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PROMESA Gives Puerto Rico a Free Pass

PROMESA Gives Puerto Rico a Free Pass Congress Aims to Give Debt-Ridden Puerto Rico a Free Pass as Long as Obama Wants Rachel Greszler / Salim Furth / @salimfurth / May 20, 2016 PROMESA creates an incentive for President Obama … Continue reading

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Puerto Rico’s Newest Problem: The Population Can Leave Even If The Debts Don’t

Puerto Rico is a lesson in the failure of Socialism as it drives the productive members of society to leave or work less, just as it happened in Cuba and Venezuela, Puerto Rico’s Latin neighbors. http://www.forbes.com/sites/timworstall/2016/01/05/puerto-ricos-newest-problem-the-population-can-leave-even-if-the-debts-dont/#7318f6fb3812 Jan 5, 2016 @ … Continue reading

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The Jones Act forces Puerto Ricans to overpay for items brought to the island

http://www.pbs.org/newshour/making-sense/jones-act-holding-puerto-rico-back-debt-crisis This is a hidden tax that is passed onto all consumers as the prices are inflated by the anti-competitive pricing structure. Requiring higher priced US flagged ships for products brought to the island is an unfair burden imposed on … Continue reading

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