P@triot
Diamond Member
- Thread starter
- #241
What progressivism does is supplement failure. Which...surprise...results in more failure. 
3 Steps Congress Can Take to Ensure Better Disaster Preparedness

The private sector does the exact opposite. It penalizes failure and rewards success. Which is why the private sector always results in more success than government.This program subsidizes flood insurance by providing coverage below the actuarially fair rate, thereby encouraging people to build their homes and businesses in flood-prone areas. This results in more people living in harm’s way and makes large-scale disaster more costly.
Rather than expand the flood insurance program as FEMA has suggested, Congress should retire it and allow the private sector to provide. Private-sector insurance would set prices according to a region’s risk level, thereby discouraging development in high-risk flood zones.
3 Steps Congress Can Take to Ensure Better Disaster Preparedness