Tag Archives: Jones Act

Political status and the productive capacity of Puerto Rico. Frank Zorrilla, past PR Labor Secretary, explains why statehood party wants Puerto Ricans to be poorer and dependent, not richer and self-sufficient

This explains a great deal of the motivation of the statehood party, according to Frank Zorrilla, former PR Labor Secretary. “Instead of enhancing economic activity, they promote dependency. That is why they attack the productive capacity of Puerto Rico in … Continue reading

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Assessing the Jones Act’s National Security Rationale

  November 12, 2019 12:07PM Assessing the Jones Act’s National Security Rationale By Colin Grabow The Jones Act has been a blight upon the United States for nearly 100 years. That the law survives despite its well‐​documented costs can in large part … Continue reading

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Want Americans to Buy U.S. Products? Dump the Jones Act.

https://www.cato.org/blog/want-americans-buy-us-products-dump-jones-act November 4, 2019 3:17PM Want Americans to Buy U.S. Products? Dump the Jones Act. By Colin Grabow Jones Act supporters often argue that the law, which mandates the use of U.S.-flagged, U.S.-built vessels that are at least 75 percent … Continue reading

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Happy Birthday Jones Act. Let’s Hope it’s Your Last

https://www.cato.org/blog/happy-birthday-jones-act-lets-hope-its-last Happy Birthday Jones Act. Let’s Hope it’s Your Last June 5, 2020 By Colin Grabow The Jones Act turns 100 years old today. But the only ones likely to be celebrating or sending birthday cards are Washington special interests. For all other Americans … Continue reading

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How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It

https://finance.townhall.com/columnists/peterschiff/2015/07/16/how-socialism-destroyed-puerto-rico-and-how-capitalism-can-save-it-n2025956 How Socialism Destroyed Puerto Rico, and How Capitalism Can Save It Peter Schiff | Posted: Jul 16, 2015 12:01 AM While Greece is now dominating the debt default stage, the real tragedy is playing out much closer to home, … Continue reading

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The Jones Act Holds America Hostage for 100 years – and should be Abolished

      http://www.youtube.com/watch?v=C5vYw_V_-4o Peter Schiff explains why government policies such as the Jones Act do more harm than good, an argument for smaller government, which in turn will reduce corruption.  The Jones Act is a terrible law that should … Continue reading

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Puerto Rico Retailers Group Calls for ‘Indefinite Exemption’ of Cabotage Law

Puerto Rico Retailers Group Calls for ‘Indefinite Exemption’ of Cabotage Law Puerto Rico Retailers Group Calls for ‘Indefinite Exemption’ of Cabotage Law By Caribbean Business on April 3, 2020 (Screen capture of http://www.centrounido.com) Argues Jones Act Poses a Threat to … Continue reading

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Trump debates waiving Jones Act to ship natural gas to New England and Puerto Rico

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 regulating … 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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