re: Are natural disasters good for the economy?

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Louisiana basically avoided the recession because of the amount of Federal dollars flowing in post Katrina.

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I think the 2007-2009 housing bubble sort of "filled" with actual demand on the north shore and Baton Rouge after the storm. Of course that was just people in Louisiana moving around and not actual growth. I don't think people will move around permanently after this event in large numbers though.

I think it's a good debate. As far as the family who has {insured} damage to their home and have to replace a couple of cars.....maybe their spending will be a positive thing for the local economy short term.