DYSPEPSIA GENERATION

We have seen the future, and it sucks.

How Washington Made Harvey Worse

29th August 2017

Read it.

And no, it doesn’t have anything to do with ‘climate change’.

Nearly two decades before the storm’s historic assault on homes and businesses along the Gulf Coast of Texas this week, the National Wildlife Federation released a groundbreaking report about the United States government’s dysfunctional flood insurance program, demonstrating how it was making catastrophes worse by encouraging Americans to build and rebuild in flood-prone areas. The report, titled “Higher Ground,” crunched federal data to show that just 2 percent of the program’s insured properties were receiving 40 percent of its damage claims. The most egregious example was a home that had flooded 16 times in 18 years, netting its owners more than $800,000 even though it was valued at less than $115,000.

 

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