Our View: Time for Maine to look past lobster boom years

There is an economic principle that’s usually attributed to Herbert Stein, who worked for the Nixon administration and The Wall Street Journal. Stein’s law: If something can’t keep going forever, it won’t. Maine’s lobster industry is near the peak of a historic boom, making it the state’s most lucrative fishery. In the last 30 years, lobster landings have increased from 20 million pounds a year to 130 million. No one expects the catch to keep growing forever. The question is not whether it will decline, but when. >click to read< 13:57

Gulf of Maine had cool year in 2017, but is still warming – >click to read<

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.