09-28-2017, 01:41 PM
That was mentioned a page or two ago terracore. The wavier was requested for a year, the 10 day waiver doesn't do anything for Puerto Rico. They don't even have roads or truck drivers right now. Texas and Florida it helps the petroleum industry in the short term because of proximity.
For those interested in how the Jones Act impacts things you never thought of, this Planet Money episode is pretty good (includes cattle rancher in Hawaii for relevance).
http://www.npr.org/sections/money/2016/0...-jones-act
The economist on the show said the cost per job created is about $250,000 per job. He also said he knows no economists that support the Jones Act and it only benefits special interest groups which cost the US about $1 billion a year.
For those interested in how the Jones Act impacts things you never thought of, this Planet Money episode is pretty good (includes cattle rancher in Hawaii for relevance).
http://www.npr.org/sections/money/2016/0...-jones-act
The economist on the show said the cost per job created is about $250,000 per job. He also said he knows no economists that support the Jones Act and it only benefits special interest groups which cost the US about $1 billion a year.