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I think that Katrina is going to pump some life into the Lousiana economy. There is going to be a lot of jobs created in rebuilding a big chunk of the city. It would be a good time to be a carpender, electrician, glazer, framer, cribber, roofer or any other skilled trade that is going to be needed in the next while. The majority of the building is going to be done with government money/grants or with governement money distributed through insurance companies. The value of the land may decrease, and there will be a shift in employment as professionals and niche workers are displaced while their companies are rebuilt, but the whole ordeal is going to pump a lot of money into the state.
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As soon as you stop living, you start dying....
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