Timeline for Does the Jones Act double import prices in Puerto Rico?
Current License: CC BY-SA 3.0
9 events
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| Sep 28, 2017 at 19:47 | history | edited | DavePhD | CC BY-SA 3.0 |
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| Sep 28, 2017 at 19:27 | comment | added | Adam | Referencing the entire Cost of Living index, rather than a single consumer item, would improve this answer. expatistan.com/cost-of-living/comparison/miami/… | |
| Sep 28, 2017 at 18:22 | comment | added | DavePhD | @BobTheAverage The Puerto Rico data is based upon "3265 entries in the past 18 months from 335 different contributors". The Miami data is based upon "1308 entries in the past 18 months from 202 different contributors". If that is insufficient, comparison to the entire United States, for which there are "210393 entries in the past 18 months from 23567 different contributors", is available. | |
| Sep 28, 2017 at 18:13 | comment | added | BobTheAverage | You might see those price differences in two grocery stores in the same town. This answer makes it clear that the price difference is not double. It is a nice supplemental bit of evidence for the other answers, but your signal to noise ratio with this method is not going to be great. This would be worth an up vote if you discussed the limitations of this method briefly. | |
| Sep 28, 2017 at 18:08 | comment | added | ventsyv | Your argument is flawed. Just because the prices are similar does not mean that the price in PR is not double what it could've have been if not for the Jones Act. | |
| Sep 28, 2017 at 15:41 | comment | added | PoloHoleSet | It seems I believed incorrectly. It seems more like McCain is conflating something he already didn't like to make it seem like it was contrary to giving relief. Thanks for the point in the right direction. | |
| Sep 28, 2017 at 15:38 | comment | added | DavePhD | @PoloHoleSet If you read the first paragraph of McCain's letter, he is basing the "twice as much" on past general studies of shipping cost, not information specific to the current situation. However, shipping is not 100% of the cost of an item, especially at the retail level. So his error is equating shipping cost to the entire price of water and other items. | |
| Sep 28, 2017 at 15:15 | comment | added | PoloHoleSet | I believe the basis of the claim is not that Puerto Rico currently suffers from the Act as much as, on an emergency basis, if ships and crews are brought to bear, logistically, it might adversely affect the relief shipments, specifically. | |
| Sep 28, 2017 at 15:09 | history | answered | DavePhD | CC BY-SA 3.0 |