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Originally Posted by Charlatan
Given the importance of the port of New Orleans I don't think cost should be an issue.
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I don't understand an economic argument where cost is not the predominant issue.
Also, why should we provide economic incentive for people to live in at-risk areas? The land in the floodplain is cheap, it comes with the risk of FLOODING. John Doe buys cheap land, and runs the risk of having his house washed away. I bought expensive land on high ground. Why should I pay for the risk he took?
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(I'm aware of the social problems with the above paragraph, which is how you can tell I'm not a Republican, but that's a whole different thread.)
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