Posted On: July 18, 2008, 7:54 am CDT

Posted By: Dawn

It was just what I said. Yes, Cummings will get their factory up and running, hopefully. (with the economy in the condition it's in, who really knows) The point is that the economy is effected by these disasters in one way or another. It's a snowball effect.

Look at La after Katrina. Yes, I've heard all the arguements that the people there should have had insurance, they should have left, they should have done a thousand things to avoid the situation they ended up in. But they didn't. So, we, the taxpayers, foot the bill. Would have been cheaper in the long run to subsidize their flood insurance and rebuild then to just hand out money, trailers, transportation as we have done for the last 2 years.

(Would have been a lot cheaper to just fix the levees in the first place, but since our infrastructure is the last place anyone wants to spend money the bridges collapse and the levees fail all over the country)

A federal disaster plan is the best our gov't can come up with. Not saying much, I know. But I'd rather see subsidized premiums with a sound reinsurance plan then billions spent on 'handouts' after the fact. Structured correctly, it would save millions in the long run. Millions we have to pay as taxpayers.