Timeline for Does the Jones Act double import prices in Puerto Rico?
Current License: CC BY-SA 3.0
8 events
| when toggle format | what | by | license | comment | |
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| Sep 28, 2017 at 23:16 | vote | accept | Keshav Srinivasan | ||
| Sep 28, 2017 at 18:44 | history | edited | Brythan | CC BY-SA 3.0 |
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| Sep 28, 2017 at 18:32 | comment | added | Brythan | May I suggest that if you believe that shipping costs are a fraction of the total cost of those particular goods, then you should first find a citation saying so. Once you have done that, you could write an answer correcting that particular portion of the claim. If you're not prepared to do that work, then perhaps you should consider upvoting the previous comment rather than adding more redundant comments. As is, there are now three people making the same uncited claim in comments. | |
| Sep 28, 2017 at 18:22 | comment | added | BobTheAverage | A note at the end of this answer saying that shipping costs are a fraction of the total cost of a good would go a long way to improving this answer. You could possibly include a corrected version of the claim, "Puerto Ricans pay at least twice as much to ship food, clean drinking water, supplies and infrastructure due to Jones Act requirements." | |
| Sep 28, 2017 at 18:05 | comment | added | ventsyv | The shipping cost is only a small fraction of the value of the cargo. The extra $1500 you quoted for a 20-foot container will certainly not in the price of the goods in that container to double. | |
| Sep 28, 2017 at 12:26 | comment | added | DJClayworth | "U.S.-flagged vessels have daily operating costs more than twice those of foreign-flagged vessels" If that is the source of Sen McCain's claim then he is wrong. Ship operating costs make up only a tiny fraction of the cost of goods, and doubling those costs would result in a much smaller price increase of the goods. | |
| Sep 28, 2017 at 7:15 | history | edited | Brythan | CC BY-SA 3.0 |
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| Sep 28, 2017 at 7:03 | history | answered | Brythan | CC BY-SA 3.0 |