6min chapter

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

Odd Lots

CHAPTER

Is the Dredge Law Under Investment?

There are only three companies that own basically three vessels that or even can do a port dredging. They're happy if we have to wait 25 years for a port to be done, till their work. So the three company protectionism is what's limiting it. If in fact, you opend the dredge law and allowd these big ships to come in and join the all the marine work they're doing for offshore wind, these companies work all union. It would be all union, american employment with the same workers. But we would have coastal protection projects and port deepening projects being done for half the cost. We could actually have dredges available to do eusdon and corpus

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