re: Hurricane vs wildfire insurance about to be nonexistent

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just to understand, you want taxpayers to subsidize the coastal companies' workforce so that taxpayers won't have higher consumer costs?

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Paying the employees more is still other taxpayers (who are also consumers) subsidizing the insurance costs of port workers.

Would you rather the government hand out a check directly to the workers, or the company charge higher prices to pay higher wages?

Either way, it’s a wealth transfer from non coastal residents to coastal workers to the insurance companies.

I’d rather neither happen and we find a way to lower costs.

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Paying the employees more is still other taxpayers (who are also consumers) subsidizing the insurance costs of port workers.

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Not all taxpayers will use the products from coastal companies as much as others. Not fair to make all taxpayers equally share the burden if the fedgov gets involved.

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Would you rather the government hand out a check directly to the workers, or the company charge higher prices to pay higher wages?

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Company pay higher wages. The more you consume of that companies product, the more you "subsidize" the workers higher wages needed for living in an risky area.




Walmart has huge electric costs. Should the fedgov start paying their light bill because those costs are going to get passed onto the taxpayer/consumer?
No. Not everyone shops at walmart as much, or at all, as others.