Friday, June 1, 2012

The Abundance of Sea Fishes

..."There are multitudes of codde, haddock, salmon, eels, smelt, shad, halibut, flounder, and bass. Lobsters there are infinite in store in all parts of the land, and a great store of oysters, clams, scallops, and mussels."

These words, penned by a Bay Colony Pilgrim in 1630, attest to the abundance of fish and shellfish found in the ocean off the Massachusetts coast, and in the bays, rivers, and inlets.

A tenet of Cowboy Safety is that there is an abundance of everything. All that is needed is an orderly and sensible way of harvesting the good things.

Technology today allows that to be done by any individual and any business no matter how small.

Frequently I hear the lament that "the recession is killing my business." In a 1975 New York Times article, economic statistician Julius Shiskin suggested several rules of thumb for defining a recession, one of which was "two down consecutive quarters of GDP." In time the other rules were forgotten. Some economists prefer a definition of a 1.5% rise in unemployment within 12 months. I am still waiting for someone to tell me how a recession can affect their business at all.

David Sneed




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