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Hurricane Ian damages in Southeast estimated at $100B to $120B

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Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#221

Post by ericd »

Lammy wrote: post #182
ericd wrote: post #6

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

Creating some more numbers costs us nothing — that number would be better measured against the accruing negative value of Florida’s (and other coastal states’) economic downtime instead of as a thing with any worth of its own: https://web.archive.org/web/20220104144948/https://www.treas... “Federal Reserve notes are not redeemable in gold, silver or any other commodity, and receive no backing by anything. This has be…

Thanks for the lecture on fiat currency, but it’s valuable because will do work for it, and because international oil purchases are denominated in it. Read up on the petrodollar system if you’re interested. And devaluing it is not without cost, inflation causes all sorts of turmoil.

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#222

Post by the_third_wave »

cycrutchfield wrote: post #220
coryrc wrote: post #208

Earlier quoted context omitted.

If they traveled through another country (Mexico) which could grant asylum, but chose not to stay there.

If it were that easy, why aren’t they doing that?

I can't speak for these people but I do know why this happens in Sweden (where I live): because the Swedish state provides lavish benefits, a lot more than neighbouring countries. This fact is taken by human smugglers, blown out of all proportions where they promise migrants that they'll get a house and a car and a girlfriend (not a joke) if only they pay them €€€€ to be dumped into a leaky boat across the Mediterranean.

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#223

Post by cpurdy »

notch656a wrote: post #91
cpurdy wrote: post #49

Earlier quoted context omitted.

Yes, 1000x this. It is frustrating to be sending piles of money to these states every year, which they then waste on political stunts like flying legal immigrants to other states, instead of taking care of their citizens, or maybe investing in climate hardening. And then they're completely unprepared for cold weather, hot weather, wet weather, dry weather, ... and say things like "Nobody knew ___ could be so complica…

Florida is pretty low on federally funding dependency ranking.

Florida is pretty high on federal funding dependency. https://ritholtz.com/2019/01/makers-takers-states-edition/

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#224

Post by thehappypm »

cycrutchfield wrote: post #220
coryrc wrote: post #208

Earlier quoted context omitted.

If they traveled through another country (Mexico) which could grant asylum, but chose not to stay there.

If it were that easy, why aren’t they doing that?

Because they arent seeking asylum!

They want jobs.

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#225

Post by cpurdy »

rory wrote: post #142
cpurdy wrote: post #49

Earlier quoted context omitted.

Yes, 1000x this. It is frustrating to be sending piles of money to these states every year, which they then waste on political stunts like flying legal immigrants to other states, instead of taking care of their citizens, or maybe investing in climate hardening. And then they're completely unprepared for cold weather, hot weather, wet weather, dry weather, ... and say things like "Nobody knew ___ could be so complica…

> flying legal immigrants to other states Can we please not do this flamewar thing? Asylum seekers are technically neither legal nor illegal immigrants yet, but everyone knows this will cause an argument that's completely unrelated to the article.

I tried to be very careful about what I said, and how I said it.

As with many others here, I pay a great deal of taxes, by any measure. I do not want my contribution (_our_ contributions) to be used to hurt people for the purpose of hurting people.

This is not a "flamewar thing". DeSantis chose to hurt people to accrue power to himself. Given the gifts and the fortune that we have inherited, if we cannot speak truth to power, then it would be better had we never been born.

Sorry, not sorry?

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#226

Post by cycrutchfield »

thehappypm wrote: post #224
cycrutchfield wrote: post #220

Earlier quoted context omitted.

If it were that easy, why aren’t they doing that?

Because they arent seeking asylum! They want jobs.

Sorry, I wasn't precise enough with my language. I was saying if it is that easy to determine who has a legitimate asylum claim, then why don't the courts do so?

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#227

Post by esoterica »

MichaelCollins wrote: post #135
coryfklein wrote: post #38

Earlier quoted context omitted.

Public funds should not pay to rebuild the same property more than 1-2 times within N years. You either: a) Build the property to withstand all but 1-2 statistically expected hurricanes within that N year period. This is possible, it's just costly. b) You don't get public funds c) You get private insurance d) You don't build

> Public funds should not pay to rebuild the same property more than 1-2 times within N years. No doubt with N carefully calibrated to depopulate the parts of the country you don't like, but not the part you live in. The west coast has too many earthquakes, depopulate it!

There have been only 2 earthquakes in US history with >$10B in damages, and the last one happened 30 years ago. The 2017 hurricane season alone caused $300 billion in damages. That was just 1 year's worth of hurricanes. You don't have to calibrate it that carefully.

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#228

Post by coryrc »

cycrutchfield wrote: post #226
thehappypm wrote: post #224

Earlier quoted context omitted.

Because they arent seeking asylum! They want jobs.

Sorry, I wasn't precise enough with my language. I was saying if it is that easy to determine who has a legitimate asylum claim, then why don't the courts do so?

When they actually show up to court, they're usually not granted asylum. But we have teens of millions of people living here illegally, it's not hard to avoid the authorities.

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#229

Post by singularity2001 »

bearjaws wrote: post #94

ITT: People who don't understand economic loss vs damage. Economic loss means anything not transacting is counted. Disney, Universal, Sea World closed for a few days? "economic loss" Joes house on the beach: "damage" I don't have access to the article, but I imagine half of this amount is just the first category, since Florida is a tourism state. That being said the government should stop covering beach front propert…

half is still the same order of magnitude

Re: Hurricane Ian damages in Southeast estimated at $100B to $120B

#230

Post by thehappypm »

coryrc wrote: post #228
cycrutchfield wrote: post #226

Earlier quoted context omitted.

Sorry, I wasn't precise enough with my language. I was saying if it is that easy to determine who has a legitimate asylum claim, then why don't the courts do so?

When they actually show up to court, they're usually not granted asylum. But we have teens of millions of people living here illegally, it's not hard to avoid the authorities.

This is exactly what I’ve been saying. Many migrants don’t even show up to their asylum hearings.. they just use it as a deportation delayer. You’d think 100% of migrants would show up if they were serious but its only like 80%.
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