On the one hand, the Jones Act imposes significant economic costs. On the other hand, it has produced a wildly uncompetitive shipbuilding industry with minuscule output.
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Scott Lincicome
@scottlincicome
"Protected US Shipbuilding Continues to Sink" via @cpgrabow @CatoInstitute cato.org/blog/protected
"In 2024, the United States—the world’s second-largest manufacturing country with a 17% share of world output —accounted for a mere 0.04% of global commercial shipbuilding" 
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