Good News for New Orleans
I just read an article on how the biggest US disasters since the San Francisco earthquake in 1989 have actually helped municipal economies. In under three years, all affected cities, including Miami, Los Angeles, and New York, the per capita income has rose, total employment was up, and the home values go up. Here’s hoping for a repeat in New Orleans.
Now if we can only do something about those levees.
(Source: Forbes)