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"In 1920, Section 27 of the US Merchant Marine Act (a.k.a. the Jones Act) rigged the entire shipping industry in Puerto Rico and raised the price of every import onto the island (food, oil, automobiles, clothing, electronics) by 15–20 percent. As recently as 2005, automobile prices were 30–40 percent higher in Puerto Rico than on the US mainland.…Read More
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