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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Soul Crusher on August 28, 2011, 08:12:08 AM
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Any bets?
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are you saying the hurricane and days of power outages for millions won't adversely affect the economy in any way?
or you're just saying you hate this communist leninst marxist viking kamikaze junta president?
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are you saying the hurricane and days of power outages for millions won't adversely affect the economy in any way?
or you're just saying you hate this communist leninst marxist viking kamikaze junta president?
So you are going to say that this will not be used as an excuse? I have some ocean front property for sale here in IL if you believe that. He's already blamed every one probably including smurfs and gargamel for the state of the economy, why not Irene?
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Any bets?
sometime after you blame Obama for the weather
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Who cares
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Obama is just pissed off that his 53rd vacation since taking office was cut short by a few days.
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Obama is just pissed off that his 53rd vacation since taking office was cut short by a few days.
Mobacca the Hut mus be pissed off too.
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Any bets?
He will blame President Bush for the hurricane first, then blame the hurricane for the economy. So it might take a couple weeks.
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Obama is just pissed off that his 53rd vacation since taking office was cut short by a few days.
No he's pissed that half the east coast didn't get washed away while he did photo ops at FEMA sites trying to look like he was running mission control. Barry wanted a Katrina but with him already positioned to look like a hero. Instead its back to falling poll numbers and hourly failure. Good job douchbag.
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Obama is just pissed off that his 53rd vacation since taking office was cut short by a few days.
Since President Obama has only taken 26 days of vacation thus far, some of those 53 vacations must have been coffee breaks.
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or you're just saying you hate this communist leninst marxist viking kamikaze junta president?
Damn, he's a viking too?
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Damn, he's a viking too?
The Obamas come from a long line of seafaring warriors who raped and pillaged those who they were sworn to protect.
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The Obamas come from a long line of seafaring warriors who raped and pillaged those who they were sworn to protect.
Interesting.
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The Obamas come from a long line of seafaring warriors who raped and pillaged those who they were sworn to protect.
Oh here we go...is 240 off the Obama bandwagon!
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Come on 240. Already has obama bumper stickers on the prius.
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Come on 240. Already has obama bumper stickers on the prius.
33,
Do you believe Hurricane irene is having a GOOD or BAD effect uon the economy?
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33,
Do you believe Hurricane irene is having a GOOD or BAD effect uon the economy?
Don't you think it is a bit too soon to know what Irene's affect on the economy is, or rather, will be?
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Don't you think it is a bit too soon to know what Irene's affect on the economy is, or rather, will be?
power out to millions of people. Complete towns in Vermont cut off from the others.
If you had to guess whether or not this will have a negative effect on the economy... Is it even a question?
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Every potus deals w this.
Btw - he is out there blaming bush again today on jobs. Pathetic.
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power out to millions of people. Complete towns in Vermont cut off from the others.
If you had to guess whether or not this will have a negative effect on the economy... Is it even a question?
To me, it is a big question. There was 7 billion dollars in damage done by hurricane/tropical storm Irene, according to the press. A lot of folks will earn wages or income repairing this damage. Perhaps some folks who have been unemployed, like those in the construction industry, will be working for awhile instead of barely surviving off unemployment or nothing if their unemployment has run out. Anytime money goes into circulation, it helps the economy. So rather than Irene having a negative effect on the economy, the storm may actually offer a small boost to the economy.
Incidentally, power and communication outages of this nature are generally short lived. Once the power goes back on, people will get back to normal in a nanosecond. I doubt this problem will have any long term or maybe even short term negative effect on the economy.
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To me, it is a big question. There was 7 billion dollars in damage done by hurricane/tropical storm Irene, according to the press. A lot of folks will earn wages or income repairing this damage. Perhaps some folks who have been unemployed, like those in the construction industry, will be working for awhile instead of barely surviving off unemployment or nothing if their unemployment has run out. Anytime money goes into circulation, it helps the economy. So rather than Irene having a negative effect on the economy, the storm may actually offer a small boost to the economy.
Incidentally, power and communication outages of this nature are generally short lived. Once the power goes back on, people will get back to normal in a nanosecond. I doubt this problem will have any long term or maybe even short term negative effect on the economy.
Here's the thing though-
What $ do people use to repair their roofs? Federal tax dollars in the form of FEMA money.
And Jeez, people will MILK that shit. When I lived in the trailer park during Hurricane charlie (6 years ago?) I remember everyone on my block - dealing with small panels broken on windows or branch damage - everyone got $5,500 FEMA checks - AND they got free trailers for a year if they wanted them, then they were allowed to BUY them for $2k if they wanted. It was a jackpot for ppl with shitty places.
Plus your theory forgets the lost GDP... entire chunks of some states are out of business for weeks or months.... they aren't paying taxes when they're not working. Entire infrastrctures need rebuilt. More tax dolalrs. How many insurance companies will go belly up? Crops destroyed for decades. FL lost tourism and snowbirds.
Finally, if you still feel I'm full of shit... Let's look at history.
Hurricane Katrina cost the economy more than $125 billion, delivered $81 billion in property damage, and left 1,836 people dead.
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http://www.reuters.com/article/2011/08/30/us-obama-jobs-interview-idUSTRE77T6AV20110830
Still blaming bush. Pathetic.
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Does anyone still dispute the net effect of a hurricane hitting the US and knocking out power, floods, and killing 40 people is BAD FOR THE ECONOMY?
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Does anyone still dispute the net effect of a hurricane hitting the US and knocking out power, floods, and killing 40 people is BAD FOR THE ECONOMY?
Every president has to deal with this. Its just another bogus excuse for Obama to blame for his failures.
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Every president has to deal with this. Its just another bogus excuse for Obama to blame for his failures.
nobody said this wasn't the case, hombre.
What I'm disputing is the belief that "Hey, maybe a hurricane is GOOD for the economy!"
I contend that it's not - it's all federal tax dollars being used to put ppl to work, and massive losses to productivity and infrastructure cost in the billions.
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nobody said this wasn't the case, hombre.
What I'm disputing is the belief that "Hey, maybe a hurricane is GOOD for the economy!"
I contend that it's not - it's all federal tax dollars being used to put ppl to work, and massive losses to productivity and infrastructure cost in the billions.
Not all the damage repair costs will impact federal dollars.
While a lot of the damage done by Irene may be covered by one's insurance, apparently not flood damage unless one specifically has a rider for flood coverage. Where I live, this is true for earthquake damage. Therefore I choose to purchase additional insurance for any damages to my home because of an earthquake.
Q. Does insurance cover the loss of food in refrigerators/freezers due to extended power outages?
A. Yes, if the outage is storm-related, Ms. Worters said. Most homeowner policies include a set amount for food spoilage — typically, $250 to $500 per appliance. So if you have a refrigerator in your kitchen, and a deep freezer in your garage for stockpiling meat, you’d have $500 to $1,000 of coverage.
Homeowners and renters insurance will usually cover damage from high winds. But damage from rising and rushing water -- as seen in Irene-ravaged communities across upstate New York and New England -- is generally covered only by flood insurance.
Downed trees. If a tree blew over and hit your house, your insurance will cover the cost of removing it and repairing the damage, Rusbuldt says. However, if the tree missed your house, most insurers won't cover the cost of removing it, even if it landed on your driveway, he says.
•Damages to vehicles. Damage to your car from fallen trees or flooding is covered by your auto insurance, as long as you have comprehensive coverage, Rusbuldt says.
•Living expenses. Most policies will cover temporary living expenses if your home was made uninhabitable. Some policies also cover the costs of a mandatory evacuation. State Farm, for example, will cover evacuation costs if your home or nearby homes were damaged, says Dick Luedke, spokesman for State Farm Insurance.
•Inedible food. Most policies cover the cost of replacing food that spoiled because of a hurricane-related power outage but limit coverage to $250 to $500, the Insurance Information Institute says.
VIDEO: Storm season means homeowners need to take a close look at their policies.
Tips for homeowners who need to file a claim:
•Make temporary repairs, such as putting a tarp over a hole in your roof, to prevent additional damage. Keep receipts.
•File your claim as soon as possible. Insurance companies generally handle claims on a first-come, first-served basis, according to the CFA.
•Take photos or video of the damage.
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in that case, we have a huge hit to US private industry. Those insurance companies gotta pay out.
And I know from personal experience that EVERYBODY got a FEMA check after charlie - and the trailers weren't damaged bad at all. Many of them weren't even worth 5500... and they got that much automatically. And we were 1 county south of landfall - their shit was way worse up in charlotte county.
if $ is thrown around like that, then yeah, the feds paid out the ass for it. And that was 6 years ago.
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in that case, we have a huge hit to US private industry. Those insurance companies gotta pay out.
And I know from personal experience that EVERYBODY got a FEMA check after charlie - and the trailers weren't damaged bad at all. Many of them weren't even worth 5500... and they got that much automatically. And we were 1 county south of landfall - their shit was way worse up in charlotte county.
if $ is thrown around like that, then yeah, the feds paid out the ass for it. And that was 6 years ago.
That hit from Irene is a rounding error compared to hurricane Barack
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That hit from Irene is a rounding error compared to hurricane Barack
so you ADMIT it's a negative and not a PLUS to the economy?
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He will absolutely blame his lousy performance on Irene . . . and Bush . . . and the Tea Party . . . and anyone else but himself.