Earlier quoted context omitted.
I know COVID stimulus has numbed people to large numbers, but $100B is a huge amount of money. It's two million people working for a year at $50k salary
They’re gonna need a lot of cheap labor to rebuild. Maybe they should charter a flight to bring some immigrants from Martha’s Vineyard
Hurricane Ian damages in Southeast estimated at $100B to $120B
21–30 of 237 posts
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#22I can only assume it will go higher. We need to push FEMA to have a 2 and done rule. After that the property must be returned back to dunes/parks/public spaces.
Hurricanes are a fact of life in the gulf and southeastern atlantic coasts. There is no area that has not have been hit twice already in the past century. So all this coastline should be dunes and park spaces?
If catastrophic hurricanes are really going to happen every 10 years, should the federal government be subsidizing the coastal lifestyle and building you a new house each time?
Consider: 100B/100M taxpayers = $1000 per person. Can you really say that the average citizen of Wyoming should pony up $100 a year so Floridians can build up against the unsheltered sea instead a few miles inland?
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#23I can only assume it will go higher. We need to push FEMA to have a 2 and done rule. After that the property must be returned back to dunes/parks/public spaces.
Hurricanes are a fact of life in the gulf and southeastern atlantic coasts. There is no area that has not have been hit twice already in the past century. So all this coastline should be dunes and park spaces?
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#24Hopefully insurance costs will not be extracted throughout the entire country. The insurance rates must reflect the true cost of residing in hurricane alley.
Can anyone even get (good) insurance in Florida at this point? I believe many large insurance providers have backed out of Florida over the past few years by making their rates so astronomical that there's only one obvious goal.
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#25As someone who lives in Florida I am wondering when this will all come crashing down. According to McKinsey non-hurricane/weather events will skyrocket from ~20-40/year to almost 250/year causing constant water damage. Let alone from hurricanes like Ian or Irma.
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#26Hopefully insurance costs will not be extracted throughout the entire country. The insurance rates must reflect the true cost of residing in hurricane alley.
Can anyone even get (good) insurance in Florida at this point? I believe many large insurance providers have backed out of Florida over the past few years by making their rates so astronomical that there's only one obvious goal.
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#27I can only assume it will go higher. We need to push FEMA to have a 2 and done rule. After that the property must be returned back to dunes/parks/public spaces.
Hurricanes are a fact of life in the gulf and southeastern atlantic coasts. There is no area that has not have been hit twice already in the past century. So all this coastline should be dunes and park spaces?
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#28Quoted post unavailable.
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#29I can only assume it will go higher. We need to push FEMA to have a 2 and done rule. After that the property must be returned back to dunes/parks/public spaces.
Hurricanes are a fact of life in the gulf and southeastern atlantic coasts. There is no area that has not have been hit twice already in the past century. So all this coastline should be dunes and park spaces?
Re: Hurricane Ian damages in Southeast estimated at $100B to $120B
#30As someone who lives in Florida I am wondering when this will all come crashing down. According to McKinsey non-hurricane/weather events will skyrocket from ~20-40/year to almost 250/year causing constant water damage. Let alone from hurricanes like Ian or Irma.
Not just hurricanes--look up the looming aquifer depletion for South Florida and its effect on life for folks in Miami and the Keys.