Thursday, September 25, 2008

Why should Iowa rebuild Galveston?

This always seems like a tough issue, but the principle is still clear. Galveston got almost flattened by the most recent hurricane, and is asking Congress for $2.2 billion to rebuild. John Stossel has written about and done programs on federal flood insurance (which advertises on TV now). It sounds compassionate, I guess, but providing cut-rate flood insurance in a known flood-prone area or sending federal funds to a place that you know is going to get hit by hurricanes is simply encouraging risky behavior that might or might not be undertaken without subsidies from taxpayers in the rest of the country. Here's the Register's hard-hearted take on Galveston's request, urging Congress to turn it down.

My brother-in-law travels to Texas fairly often and has been to Galveston numerous times. He says, Glen Campbell aside, he can't understand the attraction. Perhaps there's no such thing as a bad beach, but he says Galveston is a long way from being something special in the oceanside department. Yet housing prices are high. Don't know if they would be higher or lower if taxpayers from iowa, Maine and Oregon didn't chip in to rebuiild it from time to time.

I don't think people should be forbidden from living in inherently dangerous places (after all, I live in Southern California, subject to earthquake, fire and even --sometimes -- flood). But people should take responsibility for the consequences of the choices they make.


Anonymous said...

Well how about you ask your self that question when you have an earthquake and need help recovering or building back your city that fell into a hole. You might feel different about it if its your home, business or that of a friend or family member.

CoachingByPeter said...

It is also important to know information about your location's flood risk to have an idea on how much water might get into your place. Info can be avail in floodplain management office or building department. Anyone can be a victim of financial difficulties because of the damages that brought about by flooding.