President Obama, following his promises to create jobs, just dealt a devastating blow to the Gloucester, MA fishing industry, in a move that will eliminate half to three-quarters of the groundfishing fleet.The Obama administration yesterday announced it was forging ahead with an experimental, dual track management system for the New England groundfishery that is calculated to cull out a significant number of small boat businesses while pushing hard to meet statutory stock reconstruction deadlines.This move, during a recession, will cost countless jobs at a time when the government should be doing everything in its power (such as getting out of the way) to create jobs. Potential chief of the NOAA's National Marine Fisheries Service, Eric Schwaab, said he had no "timetable" or "absolute expectation" about how job loss via the new federal policies would unfold.
Even the most leftist of Lefties, Barney Frank, thinks these restrictions a questionable idea:
"The rigid and arbitrary 10-year rebuilding timeline was one of my major objections to the Magnuson-Stevens Act," Frank added in the same prepared statement, "and I believe the time has come for it to be re-evaluated."
But, once again, Obama has shown no interest in creating jobs (Gloucester unemployment 2009 11.3%) and puts the needs of fish ahead of the needs of the American people by implementing an "experimental" program.Perhaps, Obama has ulterior motives for selecting Massachusetts for this special treatment?
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