Hurricanes- Climate and the Capitalist Offset – by Brett Stevens – NYT

“Harvey will also inflict billions in economic damage, most crushingly on uninsured homeowners. The numbers are likely to be staggering in absolute terms, but what’s more remarkable is how easily the American economy can absorb the blow. The storm will be a “speed bump” to Houston’s $503 billion economy, according to Moody’s Analytics’ Adam Kamins, who told The Wall Street Journal that he expects the storm to derail growth for about two months.

On a global level, the University of Colorado’s Roger Pielke Jr. notes that disaster losses as a percentage of the world’s G.D.P., at just 0.3 percent, have remained constant since 1990. That’s despite the dollar cost of disasters having nearly doubled over the same time — at just about the same rate as the growth in the global economy. (Pielke is yet another victim of the climate lobby’s hyperactive smear machine, but that doesn’t make his data any less valid.)”

Ouch. Here is the the top comment, and my endorsement:

Bruce Rozenblit is a trusted commenter Kansas City, MO 4 hours ago

What a pile of doo doo. Texas caused this flood by paving over the wetlands to the point that they turned their city into a big bathtub. They built in floodplains without regard to the consequences.

As far as brick houses are concerned, those are the ones that collapse during earthquakes. Masonry construction falls apart when the ground shakes, while stick built homes can resist the stress much better. The loss of life is catastrophic. Check out the loss of life in southern central Asia where homes are built out of rocks.

Houston will recover financially in two months? Are you kidding? 30% of the area is under water. That’s like 500 square miles and that’s just Houston.
People don’t have homes to live in. Thousands of businesses have been shuttered and destroyed. If the Houston economy is so powerful, then why do they need any federal aid?

Regulations and building codes save lives. Infrastructure saves lives. Technology saves lives. Public safety programs save lives. If these factors were not in place, then the loss of life form natural disasters would be much higher.

Texas just had three 500 year floods in three years. What does your expert meteorologist have to say about that? What does he have to say about the severe droughts and fires that occurred between those floods? Only a weak and poorly skilled journalist would ignore the obvious and cherry pick statistics to prove a point. This is the New York Times, not the New York Post.

Reply 221 Recommended

Thank you for your submission. We’ll notify you at da***@sbcglobal.net when your comment has been approved.
David Lindsay Hamden, CT Pending Approval

I second all said here by Bruce Rosenblit.
I wish to add, that there is something pathetic in cheery picking data, and mixing it with fake news. Contrast the rubbish here with the extraordinary reporting today of Nicholas Kristof. I commented on Kristof’s piece:
David Lindsay Hamden, CT Pending Approval

Thank you Nicholas Kristof (and the New York Times).
You wrote: ”

Jan Egeland, a former senior U.N. official who now leads the Norwegian Refugee Council, urges an immediate cease-fire, a lifting of the embargo on Yemen, and peace talks led by the U.N., the U.S. and the U.K., forcing both sides to compromise.

A glimpse of moral leadership has come from the U.S. Senate. A remarkable 47 senators in June voted to block a major arms sale to Saudi Arabia, largely because of qualms about Saudi conduct in Yemen. Those senators are right, and we should halt all arms transfers to Saudi Arabia until it ends the blockade and bombings.”

It is time for the American Press, television, radio, and print, to bring this horrible story to the American people, and the fact that there are intelligent solutions being offered. I have shared this on social media, and my blog, InconvenientNews.wordpress.com, but we need this story at NPR, Public TV, CNN, MSNBC, FOX, and every outlet I’ve left out.”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s