quote:

Originally posted by A.J. Let me elaborate a bit more on my point. I agree that many companies will make a fortune in the rebuilding effort. Companies that provide infrastructure, building materials, food etc will stand to profit a lot from this disaster. Naturally, the huge reconstruction effort required will create many jobs and provide a boost to some section of the economy. HOWEVER, rising energy prices and pressures on oil supply will effect EVERY industry in the country and result in slowed growth, higher costs and possibly reduced productivity. Also, almost one million people have been displaced and most now have no place to go home to. The cost of housing and feeding these people is enormous and this will also cut into the government's budget. Don't forget that most of these people will now be without jobs because their workplaces and their livelihoods have been destroyed. I guess what i'm trying to say is that the negative impacts will outweigh the "positive" impacts to the economy from this situation. P.S. I don't really support your conspiracy theory about deliberate delays in the rescue operation in order to benefit companies. It seems to me like the authorities and the government are just really, really shit!

Rising logistical and transportion costs have been a major burden to making the economy grow or even attain any form of stability; that has been a serious issue especially since 9/11.

Now more then ever globally anyone involved in any form of transportation be it commodoties or travel is at constant risk of losing jobs or having to make major sacrificies.

Going from one catastrophy 9/11 to another ( Katrina ) we cannot possibly talk about any form of growth but an ongoing struggle.