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Gustav

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Old 09-03-2008, 10:29 AM   #24
Schneed10
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Re: Gustav

Quote:
Originally Posted by JoeRedskin View Post
While I agree with most of your points, the fact is that the port of New Orleans is part (and a significant part at that) of the Mississippi river economic system and is a key entry/exit port for the national economy. Pre-Katrina, New Orleans was the countries 3rd largest export port and 8th largest import port. Further, in 2005, between 55-70% of the total grain exports Baton Rouge, South Lousianna, and New Orleans. (See http://www.nationalaglawcenter.org/a...rs/RS22297.pdf) (it'sfrom 2005, I didn't see a more current reference, but would assume the ratios are similar if somewhat depressed post-Katrina).

Much like interstate roadways, given the extensive national system of which New Orleans is a part, the Federal government has a strong interest in maintaining the feasability of New Orleans as a working port.
Good point. That's a strong argument for the taxpayer's obligation to fix the levees and keep the ports open.

But not for rebuilding homes.
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