Editor’s Note: (Thanks to J for this one!) Do you have any idea why things (everything) costs so much? Inflation, well…yeah, but what factors actually play into the inflationary spiral?
What is the Jones Act? The Jones Act, formally the Merchant Marine Act of 1920, is an obscure federal law that prohibits foreign ships from shuttling goods between U.S. ports, specifically the U.S. mainland and outlying states or territories. It was created by Sen. Wesley Jones of Washington, and when it was enacted, it was meant to bolster and promote shipping from U.S.-owned, operated and built ships.
The problem is the extremely low number of US ships now engaged in shipping which leads to extreme inefficiency/cost for shipping by sea. This…more expensive means of transport come into play and negates the value of goods produced in America.
This situation is yet another indication of the broad and sweeping level of financially based corruption for our country/globe. Please see here for even more examples, know this problem (as well as all others) is in the process of being resolved, and BE in…