America’s Drought and The Middle Class, Prepare For Rising Unemployment And Rising Prices Video

Monday, December 3, 2012
By Paul Martin

By Josey Wales
Sunday, December 2, 2012

Drought threatens Mississippi shipping

You don’t hear much about the drought these days. But nothing has changed and the full effects of this drought may not be felt until mid 2013.

Closing the river in December and January would halt 10,600 barges, stopping the movement of about $7 billion worth of goods, according to a Nov. 28 study released by the Waterways Council and The American Waterways Operators.

The worst drought in decades may shut down the Mississippi River to barge traffic this month costing thousands of jobs.

Lynn Muench said. “If we do lose the river between mid-December and January, the jobs that are at risk in Missouri are almost 3,000 jobs ” alone.

The U.S. drought that began in 2011 and spread to a much wider area in 2012 continues. The latest U.S. Drought Monitor shows that the majority of the continental U.S. is affected. The intensity of the drought is rated on a five-step scale:

D0 Abnormally Dry
D1 Drought – Moderate
D2 Drought – Severe
D3 Drought – Extreme
D4 Drought – Exceptional

The Rest…HERE

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