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Port activity

Submitted by Rick on Thu, 05/18/2006 - 9:33pm.

Someone on omjp has just noted that the Port of Olympia has been doing a lot more business lately. Here's the numbers for 1998-2004:

year millions
1998 83.9
1999 20.9
2000 6.4
2001 12.0
2002 20.5
2003 106.2
2004 163.6

There is a one hundred forty million dollar increase between '02 and '04. The new deal with Weyerhaeuser couldn't account for this jump, because that just recently occured. Would war-related shipments be counted as commerce? Anybody know what accounts for the increase?

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??

Submitted by Rob Richards on Thu, 05/18/2006 - 9:54pm.

Anyone have an idea as to what caused the four year decline?

Externalized Factors

Submitted by DrewHendricks on Fri, 05/19/2006 - 11:04am.

Of course, for the Port of Olympia the income from military shipments is "profit." But for any economist of substance, the "profit" is a redistribution of wealth from most us, to a few of us. The amount taken from us in Federal Taxes is far in excess of the relatively tiny kickback the Port gets. Funny to hear me making a statement against such a thing, but there you have it - I don't support imperialism, and I don't want my public entities to take money to support imperialism. I prefer a Republic if we have to have a government at all.

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