On: It’s time to repeal the Jones Act

[netfl0]

Some things are more important than price efficiency.

[pilgrimfff → netfl0]

I'm 100% with you. We have to keep the money flowing away from taxpayers and towards corporate interests.

[wcarron → pilgrimfff]

That's inevitable. What is preventable, however, is having taxpayer money flow out of the country to foreign corporate interests. As an American, I'd rather get screwed by an American company than one from, well, a whole host of other countries.

[pilgrimfff → wcarron]

I agree. We need more American (TM) companies with no competition. In every industry, there should be a Comcast sitting on top collecting rents.

[wcarron → pilgrimfff]

Really? That's a grossly uncharitable interpretation of what I said. How abominable of you, Socrates.

[missedthecue → wcarron]

What if the the Americans screw you for 8x the cost (number the article uses), and you get a smaller inferior ship in return? Why not go with the foreign product at that point?

[eru → wcarron]

Money that flows out of the country is essentially free.

The Fed targets inflation. They'll just print more money, if the foreigners want to sit on it.

[adventured → netfl0]

We'd want to know - to as detailed of an extent as possible - the scale of the trade in question.

How much economic efficiency are we giving up, and for what exactly?

[flyingfences → netfl0]

Such as?

[bob1029 → flyingfences]

User experience is the biggest one that keeps popping up in my head.