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CEI Online Event - Repeal for Resilience: Jones Act Leviathan feat. Sen. Mike Lee (R-UT) & Mario Loyola
The COVID-19 pandemic has triggered the worst economic crisis since the Great Depression. Unleashing the innovation and productivity of American workers and repealing costly #NeverNeeded regulations has become more urgent than ever.

Please join the Competitive Enterprise Institute for an online forum featuring Senator Mike Lee (R-UT) and CEI Senior Fellow Mario Loyola, discussing why Jones Act reform is long overdue, as the Senator proposed in bills such as “Open America’s Waters” and “Protecting Access to American Products.”

For 100 years, the Jones Act has poisoned America’s maritime industry while imposing hidden costs on U.S. consumers. It requires any ship traveling between two U.S. points to be U.S.-manufactured, -owned, -flagged, and -crewed. This heavy-handed protectionist measure was enacted to ensure a strong merchant marine to support America’s commerce and the nation’s preparedness for war and national emergency. A century later, the evidence is clear. The law has put most of America’s maritime industry out of business, made it pointlessly difficult for Americans to buy American, and has been militarily obsolete for decades. Its chief beneficiaries are America’s foreign competitors, including China, whom the law in effect protects from American competition, and a small number of special interests whose business model is not shipping, but the purchase of political influence for profit. Its few proponents think it is a policy of America First, but it is a policy of America Last.

Jul 30, 2020 12:00 PM in Eastern Time (US and Canada)

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