- Sep 19, 2011
- 28,407
- 9,984
- 900
With so much personal suffering, losses of priceless memories, it seems cruel that there are some discussions how this can be a BENEFIT!!!
Because the U.S. employment situation is in a precarious situation, with a 7.8 percent national unemployment rate, there will likely be additional spending in construction and related sectors. Morici said there could be $15 billion to $20 billion in new direct private spending.
As a result, the economic benefit from reconstruction could range from $27 billion to $36 billion after a multiplier effect in the economy.
Well see people able to work who were not working, he said. If the country was in full employment, it would be a different thing.
Hurricane Sandy: Losses Estimated at $45 Billion - ABC News
Wealth re-distribution being from those EVIL insurance companies that will fight tooth and nail NOT to pay the claims!!!
(From a OccupyWall street mentality!!..not me!)
Because the U.S. employment situation is in a precarious situation, with a 7.8 percent national unemployment rate, there will likely be additional spending in construction and related sectors. Morici said there could be $15 billion to $20 billion in new direct private spending.
As a result, the economic benefit from reconstruction could range from $27 billion to $36 billion after a multiplier effect in the economy.
Well see people able to work who were not working, he said. If the country was in full employment, it would be a different thing.
Hurricane Sandy: Losses Estimated at $45 Billion - ABC News
Wealth re-distribution being from those EVIL insurance companies that will fight tooth and nail NOT to pay the claims!!!
(From a OccupyWall street mentality!!..not me!)
