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Originally Posted by Griff
Top Management
Two hundred billion dollars! Does anyone in the federal government realize how close this comes to paving the streets of New Orleans with gold?
The appalling political cynicism of this relief effort is revealed with a simple arithmetic calculation. Just divide two hundred billion dollars in reconstruction money by the one million residents of the city, and you get two hundred thousand dollars for every man, woman, and child in New Orleans!
For a typical suburban family of four, this means an expenditure of eight hundred thousand dollars. You could not only rebuild their home – but raze it and rebuild it, raze it and rebuild it – and then, raze it and rebuild it. And still you would have money left over!
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Is the $200 billion only for the city? There's a lot more that needs to be rebuilt than just the city. There is also a lot of debris that needs to be removed before rebuilding can start, and a lot of infrastructure that has to be inspected to determine whether it needs to be razed and rebuilt. The people also need assistance while the cleanup and rebuilding are going on. The levees need to be repaired, and improved, as do the pumps.
There's a lot more to a city than the houses.