- Sep 19, 2011
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That is true. There have been let's see ONE!One billion dollars+ natural disasters:
Billion Dollar U.S. Weather Disasters, 1980?2013 | Infoplease.com
As you can see, the Obama presidency has been hammered as well, if not more, than Bush was.
Cost of Hurricane Sandy?
(The total was projected by Eqecat, a catastrophic risk management consulting firm, which indicated that the damage caused by the storm was between $30-$50 billion.)
How Much Will Hurricane Sandy Cost Insurance Companies?
Now Let's look at the top ten costliest catastrophes in US History!!
SOURCE: Kiplinger - Interstitial
10. Hurricane Rita 2005
8. Hurricane Ivan 2004
7. Hurricane Charley 2004
6. Hurricane Wilma 2005
5. Hurricane Ike 2008
3. 9/11 Terrorist attacks 2001
1. Hurricane Katrina 2005...
That combined COST nearly ) $1 trillion in written off losses due to the WORST Hurricane SEASONS in history![/U][/B]
The worst Katrina,made landfall in Louisiana as a Category 3 in 2005. It took 1,836 lives and caused $81.2 billion in damages.
Hurricane Katrina ALONE! Year 2005: Hurricanes Katrina and Rita
On August 25, 2005, Hurricane Katrina hit the Gulf Coast of the U.S. as a strong Category 3 or low Category 4 storm. It quickly became the biggest natural disaster in U.S. history, almost destroying New Orleans due to severe flooding.
Hurricane Rita quickly followed Katrina only to make matters worse. Between the two, more than $200 billion in damage was done. 400,000 jobs were lost and 275,000 homes were destroyed.
Many of the jobs and homes were never to be recovered. Hundreds of thousands of people were displaced and over 1,000's were killed and more are missing.
The effect on oil and gasoline prices was long-lasting.
YEA poor Obama has really faced a lot more then Bush!
Let's see Sandy damages $70 billion Sandy caused two deaths.
YUP poor Obama how can anyone compare his catastrophes say like what Bush faced!
6 of the worst hurricane catastrophes in history... 1,000s of deaths! Trillions of dollars in damages, 275,000 homes in Katrina alone destroyed!
Number 3 on the list of most catastrophic and far far WORSE THEN Pearl Harbor..
Counting the value of 3,000 lives lost as well as property damage and lost production of goods and services, losses already exceed $100 billion.
Including the loss in stock market wealth -- the market's own estimate arising from expectations of lower corporate profits and higher discount rates for economic volatility -- the price tag approaches $2 trillion.
The Cost of September 11
YEA POOR Obama!!!
What made Katrina so bad was the worst hit area was under (D) control and they dropped the ball on so many levels in that state.
Had the (D)'s in that state done their jobs properly things would have been a lot different..
Yet the far left here will give those criminals a pass so they can blame: Boooooosssshhh!
Let's see... Former mayor Ray Nagin, the businessman-turned-politician who became the worldwide face of the city after Hurricane Katrina, was sentenced to 10 years in prison Wednesday.
Nagin was a Democrat and also this "I'm not telling you that President Bush was a racist or what have you. But I think race and class and politics played in just about every aspect of this disaster."
Co-host Matt Lauer claimed that Nagin was "very honest and open" in the book, at least in his ability to "blame President Bush, FEMA Director Michael Brown and others for slow federal response."
On NBC's Today, 'Honest and Open' Ray Nagin Blames Racism for Slow Katrina Response | NewsBusters