How long until the right claims Katrina HELPED the economy?

[durablend]

Of course, they're not going to mention the rising energy prices, but when will they claim that all these people who have to replace belongings as well as cars and homes are an absolute BOON to the economy ("cuz people are A'SPENDING!")?

[DinahMoeHum]

1. OMFG !! That silly, shit-ass, discredited "Broken Window Theory"?

Sheesh.

:argh:

[Itchinjim]

2. Right after they realize they can't blame Clinton for Katrina.

n/t

[moez]

3. On CNBC about five minutes ago

Some talking head was saying that the market went up 12% after hurricane Andrew and he would expect the same with this one....

[Howardx]

8. i heard the same last night

local Los Angeles news, dont remember which one.

[intheflow]

4. A building boom!

Employment numbers in affected areas will (eventually) skyrocket, which they'll point to as the economy making a spectacular comeback.

Never mind that they'll all be temp jobs. It's the appearance of recovery that they care about, not real long-term economic recovery.

[Jacobin]

5. It will

tens of billions of dollars will be spent repairing and replacing stuff.

It may all be offset by the price of fuel, since refineries and pipelines will be out of commission for a while.

but I understand your point.

Hundreds have died that we dont' know about yet, and the suffering will be enormous

[Taxloss]

6. Most of that cash will be sucked out of the insurance market.

And that sort of insurance blow can cause a crash, like it did in 1987 when storms in Britain caused a stock market plunge.

[Gunit_Sangh]

7. Pat Robertson will claim

God destroyed all of these places because of all the Den's of Sin (booze, gambling and sex). Falwell will shake his finger at Americans and say YOU MADE THIS HAPPEN!

</snark>

[Ioo]

10. You forgot the Homos!

Never forget the HOMOS, we ruin all things...

I think we should say that GOD is punishing them all for voting RED, that is about as sane

[zbdent]

9. Did Brit Hume say

"Buy, buy, buy!"?