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Some Economic Issues From Katrina
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<blockquote data-quote="Running Arrow Bill" data-source="post: 120796" data-attributes="member: 9"><p>These are only a FEW of potential (probable) "trickle-down" issues as the result of the Katrina Catastrophe. The entire USA will over time be affected by this "fallout":</p><p></p><p>1. Massive costs and efforts to rescue & treat survivors.</p><p>2. Disposition of thousands of dead (people & animals).</p><p>3. Massive clean-up costs that Corps of Engineers will probably have to do.</p><p>4. Problem of all of the trash & garbage & debris.</p><p>5. Months of displacement of people.</p><p>6. Out of work people.</p><p>7. Money movement problems.</p><p>8. Infrastructure repair & re-build.</p><p>9. "Draining the NOLA Water".</p><p>10. Toxic spills, contaimination, clean-up problems.</p><p>11. Massive damage to crops and ecosystem resulting to salt-water and toxic waste.</p><p>12. Fuel supply & distribution problems.</p><p>13. Creation of temporary (months) housing for refugees.</p><p>14. Creation of permanent housing later.</p><p>15. Significant shortage of building materials after re-building can be resumed.</p><p>16. Utilities damage, destruction, and re-building.</p><p>17. Massive losses of revenue for Louisiana & Gulf Coast businesses.</p><p>18. Thousands of all types of vehicles that will need to be replaced...thousands salvagable that need to be repaired.</p><p>19. Probable increase in insurance costs for all individuals and businesses, whether or not they were in disaster area or not.</p><p>20. Shortage and price increases of products produced in Gulf States region.</p><p>21. Continued fuel scarcity, and per gallon price increases which will probably NOT go to previous price levels.</p><p>22. Re-locating of hundreds of people who take their insurance check (ones that are insured) and decide to move elsewhere--and look for new jobs, etc.</p><p>23. Repeating: Significant shortages of all building materials and expected price increases.</p><p>24. Increasing costs of transportation and hauling charges.</p><p>25. Overburdened funeral homes & crematories for disposition of remains of the dead.</p><p>26. Relocation of prisoners from Gulf Coast areas.</p><p>27. Significant losses of public records, college/university records, library collections, art collections, and others that were either blown away, ruined by water, or buried forever.</p><p>28. Massive losses to State of Louisiana from lost tax revenue from individuals and businesses.</p><p>29. Possible/probable long-term medical effects from people being saturated with toxic water and those who further compromized medically from lack of their medications.</p><p>30. Lastly (am sure there are scores more of issues): The Mayor of NOLA and Governor of LA had better start planning for their new job after their elected term ends...</p></blockquote><p></p>
[QUOTE="Running Arrow Bill, post: 120796, member: 9"] These are only a FEW of potential (probable) "trickle-down" issues as the result of the Katrina Catastrophe. The entire USA will over time be affected by this "fallout": 1. Massive costs and efforts to rescue & treat survivors. 2. Disposition of thousands of dead (people & animals). 3. Massive clean-up costs that Corps of Engineers will probably have to do. 4. Problem of all of the trash & garbage & debris. 5. Months of displacement of people. 6. Out of work people. 7. Money movement problems. 8. Infrastructure repair & re-build. 9. "Draining the NOLA Water". 10. Toxic spills, contaimination, clean-up problems. 11. Massive damage to crops and ecosystem resulting to salt-water and toxic waste. 12. Fuel supply & distribution problems. 13. Creation of temporary (months) housing for refugees. 14. Creation of permanent housing later. 15. Significant shortage of building materials after re-building can be resumed. 16. Utilities damage, destruction, and re-building. 17. Massive losses of revenue for Louisiana & Gulf Coast businesses. 18. Thousands of all types of vehicles that will need to be replaced...thousands salvagable that need to be repaired. 19. Probable increase in insurance costs for all individuals and businesses, whether or not they were in disaster area or not. 20. Shortage and price increases of products produced in Gulf States region. 21. Continued fuel scarcity, and per gallon price increases which will probably NOT go to previous price levels. 22. Re-locating of hundreds of people who take their insurance check (ones that are insured) and decide to move elsewhere--and look for new jobs, etc. 23. Repeating: Significant shortages of all building materials and expected price increases. 24. Increasing costs of transportation and hauling charges. 25. Overburdened funeral homes & crematories for disposition of remains of the dead. 26. Relocation of prisoners from Gulf Coast areas. 27. Significant losses of public records, college/university records, library collections, art collections, and others that were either blown away, ruined by water, or buried forever. 28. Massive losses to State of Louisiana from lost tax revenue from individuals and businesses. 29. Possible/probable long-term medical effects from people being saturated with toxic water and those who further compromized medically from lack of their medications. 30. Lastly (am sure there are scores more of issues): The Mayor of NOLA and Governor of LA had better start planning for their new job after their elected term ends... [/QUOTE]
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