October 3, 2005
Hurricane Aftermath
:A week and a half after Hurricane Rita appeared to have been a ‘dud’, it has become obvious that while the hurricane missed the major cities along the gulf, it has devastated the rural areas. Entire towns have been erased from the map. Over 100 lives were lost to go along with the over 1,000 lives from Hurricane Katrina. Economically, the hurricanes caused consumer spending plunging at the highest rate since the September 11th terrorist attacks and over 279,000 new claims for unemployment insurance from the hurricanes. Meanwhile, the U.S. Congress has began wrestling with the costs of rebuilding the region. The Louisiana delegation has proposed a $250 billion dollar bill to rebuild the region.
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