Macro Musings with David Beckworth cover image

Colin Grabow on Current Trends in US Trade Policy and the Adverse Impact of the Jones Act

Macro Musings with David Beckworth

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Did the Jones Act Deliver?

The us. was so desperate for shipping that we twice went to the soviets and asked them to borrow one of their ships to transport our military equipment to souti arabia. Thele how desperate they were, in fact, there almost weren't enough mariners. At least two of these sailors used to crew u as ships for the seala fleet were in their eighties. And then the great lakes froze over in january of 19 91, they're able to use some of those sailors to help crew our ships. So, and remember, this is 30 years ago. Since the us. Fleet has only gotten smaller, the number of mariners his only further declined

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