Is hurricane damage bad for the economy?

Is hurricane damage bad for the economy?

Debates

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The Catbird's Seat

Joined
21 Oct 06
Moves
2598
01 Sep 11

Originally posted by Kunsoo
Well, you're making an emotional argument, not an economic one. As far as economics are concerned, it doesn't matter who spends the money. That you prefer that individuals spend the money instead of government is a philosophical argument, not an economic one.
Oh but it is an economic argument. The government has demonstrated it ineptness at budgets. The successful businessman has demonstrated success in his business. Who is the logical one to most productively spend the money?