The rain is good for the economy.
Tired of the rain? Me too, but it’s doing us, and the economy some good. Have a look.
“More than half of NSW is now out of drought, the latest government figures show. NSW Premier Morris Iemma said 46.1 per cent of the state was drought-affected, down from 52.6 per cent in December. Mr Iemma said it was the third successive month that the drought figures had fallen.“Hopefully this will translate into cheaper food at the supermarket cash register, especially for staples like fruit, vegetables and meat,” he said today.
“Hardworking families have been doing it tough because of the drought and the signs are positive that 2008 will be the year the worst drought in living memory finally breaks.
“The state has had a drenching in the past week and hopefully that will continue.”
Primary Industries Minister Ian Macdonald said 32.9 per cent of NSW was now rated satisfactory, while 21 per cent was marginal. He said while rain had filled dams, helped pasture growth for livestock and impacted summer crops, there was still a long way to go.
“We are not out of the woods yet,” he said.
“Recovery will still be tough.”"
Sounds promising. I suppose it’s good that a lot of rain is falling in a very short period of time. It allows the ground to stay saturated, resulting in more runoff into the catchment areas. I can live with it, for awhile.
The dog won’t stop playing the puddles. I’m tired of cleaning up after him.
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Thanks for the post