As Coasts Rebuild and U.S. Pays, Repeatedly, the Critics Ask Why

Justin Gillis and Felicity Barringer, reporting for the New York Times:

Less widely known about than flood insurance are the subsidies from the Stafford Act, the federal law governing the response to emergencies like hurricanes, wildfires and tornadoes. It kicks in when the president declares a federal disaster that exceeds the response capacity of state and local governments.

Experts say the law is at least as important as the flood program in motivating reconstruction after storms. In the same way flood insurance shields families from the financial consequences of rebuilding in risky areas, the Stafford Act shields local and state governments from the full implications of their decisions on land use.

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  1. The government is running at trillion dollar deficits. Some decisions need to be made.

    This one should be easy. We cannot afford to spend huge sums to rebuild homes and rebuild waterfront infrastructure for properties that only a tiny percentage of people can afford.

    Unfortunately, most of the waterfront in the Northeast is owned by the power brokers for both the Democrat and Republican parties so a “bipartisan” plan to raid the treasury for the wealthy will be done.