Re: “Plan to toss shipping act?” (TNT, 6-29).
Sen. John McCain wants to let foreign ships carry goods between U.S. ports.
Trickle-down economics means American workers lose jobs. The American shipbuilders and shipping crews make American salaries and profits that they spend in the United States.
McCain cites a reduced cost for agricultural products shipped to Alaska, Hawaii and Puerto Rico. I am sure there are foreign shippers that pay a pittance to their crews and have poor safety regulations that could reduce the cost to the agribusinesses.
The foreign shippers will spend their money in their country, and America will lose again.
The article didn’t directly state that shipping between ports on the continent will also be affected. What’s next? Foreign truckers! With the unemployment rate at 10 percent, we need all the jobs we have.