We are a commune of inquiring, skeptical, politically centrist, capitalist, anglophile, traditionalist New England Yankee humans, humanoids, and animals with many interests beyond and above politics. Each of us has had a high-school education (or GED), but all had ADD so didn't pay attention very well, especially the dogs. Each one of us does "try my best to be just like I am," and none of us enjoys working for others, including for Maggie, from whom we receive neither a nickel nor a dime. Freedom from nags, cranks, government, do-gooders, control-freaks and idiots is all that we ask for.
The grand total is $127 billion (including tax relief).
That's right: a monstrous $127 billion. Of course, not a single media story has highlighted this gargantuan government-spending figure. But that number came straight from the White House in a fact sheet subtitled, "The Federal Government Is Fulfilling Its Commitment to Help the People of the Gulf Coast Rebuild." Huh?
Perhaps all this money should've been directly deposited in the bank accounts of the 300,000 people living in New Orleans. All divvied up, that $127 billion would come to $425,000 per person! After thanking Uncle Sam for their sudden windfall, residents could head to Southern California and buy homes that are now on sale thanks to the sub-prime mortgage crisis and bid up the sagging house prices in the state.
This does not include the probably billions poured in from various religious denominations, the corporate grants, and the tens of thousands of volunteers who have worked to rebuild the area and are still doing so.
What kind of Goverment schoool did Kudlow go to? The City of New Orleans fills one county, not the 5 States where that $ 127 Billion was allegedly spent.
The figure DOES include however, insurance payments from the Govt. flood insurance monopoly which my mortgage company requires me to make payments to. It DOES include Billions allocated but not distributed to the area. It also DOES includes Billions paid to large corporations with cozy connections to elected officials so it can be filtered through layers of sub contractors before some it reaches the ground. It also Does include tax credits given to unaffected regions as a payoff to approve aid.
There are plently of problems with the recovery without this kind of bogus analogy circling the web. Follow the money on any Corp. of Engineers project. (What, did you think soldiers were building those levees?)
Don't let the Left frame the debate. It is no more "All Bush's fault" than to believe all of New Orleans is populated by thugs and leeches.
While it does show a failure of Goverment, we should stress that it shows the folly of putting our trust in Govt. to save us.
Now after a 12 hour night at the local trauma center I'm going back to work on my house.
Just seconding what anon said. Political parties are only interested in themselves, not the citizens. Follow the money. Most of that money went to relief and debris removal across 3 states after the storm. It includes flood insurance payments that people paid premiums on for years. As to tax relief, less than 1% of the GO Zone relief has been spent in the city of New Orleans $35 billion "allocated" to recovery. Half is still in the US treasury more than 2 years later. We have spent 40% more rebuilding the infrastructure in Iraq than spent rebuilding the infrastructure in our own devastated AMERICAN city. The gulf south is being rebuilt by local citizens that are couragous beyond words and volunteers from all over the world. Government? What is that?
For that sort of money you could almost build two Freedom Ships and get half of the pre-Katrina population on to them... about 250,000 folks. But then, that would create a brand-new heavy industry for the Nation and give a chance for other folks to pony up money for safe housing on the sea. It would take time to stand the production line up in the Lake.
But then that is approaching the problem as a problem, not as a money sink for politicians. And a land sink for the city, which it will do no matter what we do to NOLA. It is just your tax money being sunk into a swamp.
As a 53 year old Republican Louisiana doctor, before Katrina you could have NEVER convinced me Americans would turn their backs on their own citizens. Now I know it is true. It makes me sad beyond words, not only for the citizens of the Gulf South, but for the pathetic citizens that think that is acceptable behavior. Is this how low this country has sunk? The next election cannot come soon enough for me.