This year lots of folks aren’t going to have turkey for Thanksgiving dinner, they’ll have lobster instead, which will help out the local lobstermen, struggling with various economic pressures.
Bob Baines, chair of the Lobster Advisory Council, said, “It’s as bad as it’s ever been. It’s unprecedented. Guys are not making the money they need to make to get through the winter.”
Baines calls it a kind of perfect economic storm. Canadian processors buy 70% of Maine’s lobster. Their freezers are full, and lobster’s not selling because of the poor economy. A number of Canadian companies are now caught up in the financial trouble in Iceland. The crisis is costing the entire Maine economy a fortune.”
Happy Thanksgiving!
