6min chapter

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The 1906 Dredging Law That May Be Holding Back The U.S. Economy

Odd Lots

CHAPTER

Dredging Industry in the US

We had decades of protectionism and this law in place mandating that dredgers be built in the us. What has been the result? So to day, the 31 largest dredgers in the world are owned by two belgian and two dutch companies. Subsidiaries of which arready are major american companies. They build all the offshore windmills. Those same companies are allowed to work in these waters,. But they also own the 31 larger dredgers than any vessel exists in the united states. It would make our manufacturing goods and agricultural goods going out o easton more competitive by 15%. And it would make our oil and gas exports, wat say, europe, r

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