Friday, August 10, 2007

The Fishermen May Have a Case

The fishing industry is still an important industry for Massachusetts and the Vineyard. As the government tries to help the oceans recover from overfishing, the fishermen have been vociferous in their claim that they are getting screwed. Well, the GAO thinks that they are, at least as regards the National Marine Fisheries Services (NMFS) plan to protect large whales from becoming tangled in commercial fishing gear.

The nature of the screwing is basically the crappy economic assessment made by the NMFS. They really had little data to back their assumptions as to what the costs of the plan would be to fishermen. Yet, they produced a magic number that they claimed was the cost of the plan. Further, there are many questions as to how effective the plan would really be.

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