esrosedotblog

BOOM OR BUST

As I read about Irene's threat to the economy last week, I thought that they were missing something.

Today, someone asks the same question that I did.

Irene: An economic blow or boost?

This has to be a stimulus. A lot of companies are going to spend a lot of money to get fixed. A lot of local and state governments are going to go to work. The Feds are going to spoon out cash.

Despite Ron Paul's no FEMA position (what a dick) there will be a lot of repair and reclamation going on.

Hard to tell maybe but this could help the unemployment situation for awhile. Dunno.

Labels: economy