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S8 Ep1263: Veronique de Rugy: Veronique de Rugy critiques the Merchant Marine Act of 1920, commonly known as the Jones Act, which requires c

Veronique de Rugy: Veronique de Rugy critiques the Merchant Marine Act of 1920, commonly known as the Jones Act, which requires cargo moved between American ports to be transported on ships that are US-built, US-owned, and US-crewed. Originally intended to protect the American merchant marine after World War I, the act has instead caused domestic shipbuilding costs to skyrocket, making American vessels four to five times more expensive than those built in Asia. Consequently, the US fleet has dwindled, and consumers face higher prices for goods as transportation shifts to more polluting…

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