General Discussion

coalition_unwilling

(14,180 posts)

48. In a weird, counter-intuitive sort of way, recovery from Sandy might

Tue Oct 30, 2012, 12:38 PM

Oct 2012

provide the sort of Keynesian pump-priming needed to pull us out of the anmeic growth we've experienced in this recovery. The fact that it is disaster recovery would provide all sorts of political cover to Rape-publicans who have to stand against 'big government' ideologically but who still need jobs for their constituents.

Don't mean to probe uses of Sandy for cynical political purposes, only to point out that a grand Keynesian opportunity is upon us now and I hope Obama and his team are clever enough to seize upon and exploit it.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

83 replies

= new reply since forum marked as read

Highlight:

Hate to pont this out, but....losses could get close to the trillion here [View all] nadinbrzezinski Oct 2012 OP

Uh you mean tbennett76 Oct 2012 #1

Yes, models of storms like this lead to much higher numbers of casualties nadinbrzezinski Oct 2012 #3

In NYC alone, the infrastructure, electrified subway and PATH trains... NYC_SKP Oct 2012 #2

Yup, MTA could see massive damage. nadinbrzezinski Oct 2012 #4

It's going to be interesting to see how they come through. Ganja Ninja Oct 2012 #51

I worry less about the structural integrity and more about the electronics. NYC_SKP Oct 2012 #54

Hope you are staying safe, my friend Aerows Oct 2012 #63

Thanks, friend! NYC_SKP Oct 2012 #70

I doubt it will get anywhere CLOSE to $trillion. BlueMan Votes Oct 2012 #5

Read on Donna, that was in the billions in 1960 nadinbrzezinski Oct 2012 #9

it will take a LOT to get anywhere close to 1,000 Billion. BlueMan Votes Oct 2012 #21

Will see. NYC alone will be in the billions. nadinbrzezinski Oct 2012 #22

and so will many of the affected states... BlueMan Votes Oct 2012 #31

Will see nadinbrzezinski Oct 2012 #32

We had 91 Billion in damage Aerows Oct 2012 #62

The cost s separate from people giving a damn nadinbrzezinski Oct 2012 #65

So the Right will blame Obama for adding to the deficit. undeterred Oct 2012 #6

All of which will generate economic activity. The thing that worries me most is lost lives, bluestate10 Oct 2012 #7

Which s truly exceptional, and kudos to emergency workers, nadinbrzezinski Oct 2012 #12

Speaking of financial loss Texasgal Oct 2012 #8

Why I pointed both. nadinbrzezinski Oct 2012 #11

I'm a former triage nurse.. Texasgal Oct 2012 #14

Yeah, and...so was the President tacky nadinbrzezinski Oct 2012 #16

No. Texasgal Oct 2012 #23

Sorry, but I think in both spheres nadinbrzezinski Oct 2012 #25

Good for you Texasgal Oct 2012 #33

Exposed for what? nadinbrzezinski Oct 2012 #36

Or not.. Texasgal Oct 2012 #37

Given I did it in Mexico nadinbrzezinski Oct 2012 #38

But wait Willard wants to give 2 trillion to the Pentagon! flamingdem Oct 2012 #10

The whole northwestern corridor. nadinbrzezinski Oct 2012 #13

That's a drop in the bucket for the military. I say they hand it over -- they don't need it. Arugula Latte Oct 2012 #15

If we didn't need them toys nadinbrzezinski Oct 2012 #17

Has NY "learned its lesson" to your satisfaction yet? Robb Oct 2012 #18

should make the next debt ceiling debate interesting WhaTHellsgoingonhere Oct 2012 #19

I can't wait fr Eric to insert foot in mouth. nadinbrzezinski Oct 2012 #20

What did you pull this 1 trillion number out of ? obliviously Oct 2012 #24

The damage for Donna back in 1960! Which was in the billions, 1960 dollars nadinbrzezinski Oct 2012 #26

Not a chance. tkmorris Oct 2012 #27

Good point. NT obliviously Oct 2012 #28

Now, so far 10 people have died Tx4obama Oct 2012 #29

Thanks may it remain well bellow expected casualties. nadinbrzezinski Oct 2012 #30

Which numbers are a little bit below what they would have been without the storm. dumbledork Oct 2012 #35

I live in NC -- no deaths here obamanut2012 Oct 2012 #39

Trillion? cherokeeprogressive Oct 2012 #34

Nowhere near $1 trillion onenote Oct 2012 #40

Headline from 1960 paper was billions. nadinbrzezinski Oct 2012 #41

I think you're probably off by a decimal point or two. Electric Monk Oct 2012 #42

the number they're tossing around now is $20 Billion. BlueMan Votes Oct 2012 #43

Rough estimate is $20 billion, 29 confirmed dead as of this posting Motown_Johnny Oct 2012 #44

So, that is good news nadinbrzezinski Oct 2012 #45

no, that is another ~$30 billion on top of the damage estimate Motown_Johnny Oct 2012 #52

You know, good news it's not as high as I feared nadinbrzezinski Oct 2012 #55

A billion here and a billion there and pretty soon you're talking real money :) - n/t coalition_unwilling Oct 2012 #46

I took into account inflation from 1960 and Donna nadinbrzezinski Oct 2012 #47

In a weird, counter-intuitive sort of way, recovery from Sandy might coalition_unwilling Oct 2012 #48

I think they will nadinbrzezinski Oct 2012 #50

I think the "20 billion" figure that's been tossed around is absurdly low slackmaster Oct 2012 #49

Early number nadinbrzezinski Oct 2012 #56

Will it grow to a trillion? zappaman Oct 2012 #57

Do you have any expertise in this field? onenote Oct 2012 #77

I was out standing in my field just this morning slackmaster Nov 2012 #80

I am awaiting the self-delete zappaman Oct 2012 #53

This ^ likesmountains 52 Oct 2012 #66

Too high. Even the horrific Japan Earthquake/Tsunami of 2011 caused about $300 billion in damages entanglement Oct 2012 #58

I was going from Donna, and taking into account inflation nadinbrzezinski Oct 2012 #59

Well, we can't add to the deficit, so someone else is gonna have to pay. Honeycombe8 Oct 2012 #60

Well hopefully we can make lemonade out of lemons malaise Oct 2012 #61

That is true. jsr Oct 2012 #68

Are you even aware of what a trillion is? nt Codeine Oct 2012 #64

There's 60 billion in a trillion, right?... SidDithers Oct 2012 #67

damn you all to hell Sid,,, dionysus Oct 2012 #69

One thousand billion. NYC_SKP Oct 2012 #71

So did we hit a trillion yet? zappaman Oct 2012 #72

let's have a shootout to settle this matter. i say a brazillion! dionysus Oct 2012 #76

Today the number that is being talked about is: 50 billion. n/t Tx4obama Oct 2012 #73

Trust me, on this one I am glad to be way off. (nt) nadinbrzezinski Oct 2012 #78

That's a bit more than "way off," really. Codeine Nov 2012 #82

This is a hurricane, not a Romney tax cut Azathoth Oct 2012 #74

no, a brazillion!11! dionysus Oct 2012 #75

Report: Damage estimates from SuperMegaStorm Sandy approaching $1 Trillion. cherokeeprogressive Nov 2012 #79

Link? onenote Nov 2012 #81

kick zappaman Nov 2012 #83