"insulate the US shipbuilding industry from international competition, leading to them resting on their laurels"
This is what I don't get.
The Jones Act is about keeping ship building at home, in the US. So protective. By locking out foreign competition. It's a 'protective' law, to isolate and protect US industry.
How will opening the US to buy and operate foreign ships, somehow make the US build more US ships?
Look at other Industries that have been outsourced.
Once markets are open, the manufacturing "leaves" the US.
So how will repealing the Jones Act somehow reverse what is seen in every other industry.
This is what I don't get.
The Jones Act is about keeping ship building at home, in the US. So protective. By locking out foreign competition. It's a 'protective' law, to isolate and protect US industry.
How will opening the US to buy and operate foreign ships, somehow make the US build more US ships?
Look at other Industries that have been outsourced.
Once markets are open, the manufacturing "leaves" the US.
So how will repealing the Jones Act somehow reverse what is seen in every other industry.