People have lived along the Mississippi for hundreds of years and the river reliably floods beyond its banks every. single. year.
The problem with dwellings along the Mississippi is the "moral hazard" by allowing the US Federal Government to insure these houses without preconditions and never denying a claim, despite the fact that one property has flooded more than 53 times in the last 50 years (claiming on flood insurance every single time).
I would argue that it's just not politically sexy to say "I am going to maintain this X" as it is to say "We are going to build this Y". They are the "blocking and tackling", but the voters are in the stands waiting for the quarterback drops back to pass long.
This one is different from the rest.
People have lived along the Mississippi for hundreds of years and the river reliably floods beyond its banks every. single. year.
The problem with dwellings along the Mississippi is the "moral hazard" by allowing the US Federal Government to insure these houses without preconditions and never denying a claim, despite the fact that one property has flooded more than 53 times in the last 50 years (claiming on flood insurance every single time).
I would argue that it's just not politically sexy to say "I am going to maintain this X" as it is to say "We are going to build this Y". They are the "blocking and tackling", but the voters are in the stands waiting for the quarterback drops back to pass long.