09-22-2005, 07:59 AM
Any1,Sep 22 2005, 10:08 AM Wrote:I've been getting dirty looks from people for a few weeks for suggesting "chalk one up for mother nature and move on".
Whether you believe that the recent strong hurricane seasons are due to global warming or a natural cyclical occurance (or a little bit of both), my conclusion is the same. There are better ways for spending a few $100B.
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You need to be careful when quoting those figures. The ~$200B 'cost' also has benefits. Where do you think that money is going to... into the reconstruction industries, thus, as with any other govt. spending it gets recycled through the system.
This is definately a better situation than waking up tomorrow and realising that your bank account was suddenly ~$200B worse off.
(Although even this is a bit shallow and at the other extreme since it depends on where that $200B is 'coming from' e.g. debt increase, tax increase, or spending reduction)