@CatoRegulation (Twitter)

"Passed in 1920, this outdated law restricts the transportation of goods betw U.S. ports to vessels that are U.S.-flagged, U.S.-built, and mostly U.S.-owned and crewed." But less than 1% of world’s 51,000 ships meet req, leading to "dramatic reduction in choice and competition."

“As for the FDA, more employees may be a negative to the nation since one of the agency’s activities is to hinder the introduction of new medicines and devices. In this crisis, the agency’s blockage of private‐​sector virus testing was hugely damaging.”