Here we go! Part 3 of this Jones Act explainer series. If you’re still here with me, thank you!
Voy a hacer un video resumiendo los 3 videos en español, así que mantente atento. Y si tiene alguna pregunta, envíe un email a [email protected]
– Colin gave three estimates of the cost of the Jones Act to Puerto Rico. The first estimate of $72 million was from John McCown, the former CEO of Jones Act carrier Trailer Bridge which operates oceangoing barges that serve Puerto Rico. That estimate is here (pg 17): https://issuu.com/marinelog/docs/marine_log_july_digital_editon/16?e=5112807/63231674 The second estimate from two economists at the University of – Puerto Rico can be found here: https://docplayer.net/494027-Economic-impact-of-jones-act-on-puerto-rico-s-economy.html The third estimate was from a report published by John Dunham and Associates here: https://10051909-247c-4892-87ab-7ac009100e2e.filesusr.com/ugd/5b4228_4e79040fd1b043a59df921358825334a.pdf
– The U.S. Maritime Administration claims the Jones Act is needed for national security: https://maritime.dot.gov/ports/domestic-shipping/domestic-shipping (“This encourages a strong U.S. Merchant Marine for both economic security and national defense by fostering a U.S.-flag fleet that can also be leveraged for U.S. interests during war or emergency.”)