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De Omnibus Dubitandum - Lux Veritas

Thursday, October 11, 2012

From Surf to Serfdom

Unemployment in my home state of Massachusetts is less than the national average. In August, it stood at 6.3% compared to 8.1% nationally.  The state benefits from very robust high-tech sectors. But, of course, low-tech industries also figure in its economy. Particularly hard hit among the latter in the current downturn has been the state’s large fishing industry. 

Its problems, and the plight of workers dependent on fishing for their livelihood, are illustrative both of the general difficulties of the economy across the country and of ways in which specific Obama administration policies have compounded the overall decline……. The bureaucrats responsible for formulating and enforcing the new policies have demonstrated little interest in the bi-partisan criticism directed at them in Congress. 

They have similarly given short shrift to the difficulties of Massachusetts and other northeastern fishermen and their families, as well as myriad others dependent on the fishing industry, who have been deprived of livelihoods and face the specter of their industry suffering long-term and possibly permanent decline.

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