NO To See Unprecedented Boom--Labor Secretary

[Gloria]

Couldn't bury this in the WMW.....

http://money.inq7.net/breakingnews/view_breakingnews.php?yyyy=2005&mon=09&dd=07&file=4


New Orleans to see unprecedented boom -- labor secretary
Posted: 5:30 AM | Sept. 07, 2005


Agence France-Presse


WASHINGTON -- The flooded city of New Orleans will see an unparalleled building boom, US Labor Secretary Elaine Chao confidently predicted Tuesday after ordering the creation of 25,000 temporary jobs for evacuees.

She said that while Hurricane Katrina was devastating to the immediate region, it was too early to gauge the storm's impact on the US economy.

But America's fabled jazz capital will bounce back, Chao insisted after some voiced doubts over whether the costs of rebuilding the flood-prone city would be worth it.

"Well, certainly in the short term, the regional devastation is very significant. But as for the national impact, we are not quite sure yet," she told the CNBC network.

"But what will happen -- and I have seen this in previous catastrophes and hurricanes -- there is a bright spot in that new jobs do get created," Chao said. "And in the rebuilding: New Orleans, for example, is going to see one of the biggest construction booms that they have ever seen. So in the aftermath and the rebuilding of a devastated area, there will be a tremendous array of new jobs that are being created. And that is going to help the economic development."

MORE

[speedoo]

1. Fucking dimwit.

Another clueless political aapointee. Fortunately she is unlikely to bring death on cities a la Chernoff, Brown and the rest of that cabal.

[bballny]

2. and look

since so many people died we have lower unemployment. Those repubs always looking at the bright side of things

[tlcandie]

3. follow the $$$$ eom

[punpirate]

9. Worth noting that the money described...

... will pay for 19 weeks of employment for 25,000 people at minimum wage. That's it, and that presumes 0% for administrative costs, supervisory personnel, etc.

Minimum wage probably won't even pay for the transportation to the areas needing clean-up and temporary housing.

The other thing is that it says "for the region." How much of this money will go to Mississippi and Alabama, rather than New Orleans?

It's going to be very interesting to see how this money is actually spent.

[CountAllVotes]

4. hey Chao

tell me that one again after the dead are finished being counted, that is if there is anyone left to do the counting. :grr:

:kick:

[hatrack]

5. Nothing says "boom!" like the world's biggest biohazard, right Elaine?

Nothing that gets the national economy racing along like the odd disaster now and then wiping out the occasional city, right Elaine?

In fact, if we could just have a couple more hurricanes obliterate Miami, Houston and Charleston, why, we'd be in the middle of a tremendous increase in productivity, right Elaine?

Ah, but all of that would be trivial next to a Richter 8.3 earthquake right underneath Los Angeles at 5:15 PM some sunny summer evening. Why, this happy event would spark the biggest economic expansion in the history of the Yew-nited States, wouldn't it, Elaine?

Stupid fucking cow.

[longship]

6. She's right.

After they replace NOLA with a plasticine replica complete with golf courses, high rises, and gated communities it will be beautiful because there will be no more gays, no more minorities. Poor families who for generations have lived in NOLA will just have to live in Houston, Detroit, or some other place that the U.S. Department of Permanent Resettlement chooses. The only color left in NOLA will be the polystyrene replicas of the French Quarter.

[Mikimouse]

7. She is probably thinking of the future of NO...

as Yuppie Haven Acres.

[geniph]

8. Permanent jobs for all carpetbagging vultures!

Ask someone who lived in Miami or Homestead after Hurricane Andrew about that - yep, there was a boom in the construction industries, and a hell of a lot of fly-by-night, shady carpetbaggers came in, built shoddy shacks, and bailed as quick as they could after getting their bloody money.

Carl Hiaasen's novel Stormy Weather talks about that in some (enraged) detail.

[zara]

10. Yes, More Cities Should Choose Absolute Destruction and Reap ...

the Economic Advantage~!!!!!

[Anywho6]

11. Well, Chao (AKA Sen. Mitch McConnell's beard)...

...is an idiot and wouldn't know a disaster if it hit her in the ass. She's just another lame-brain puppet for * et al. How many ways will they find to say, "Great! Tens of thousands of dead people and more ways to line our pockets!"? Jackasses. I burn with hatred for this incompetent, sorry-ass excuse for an administration.

[Chicago Democrat]

12. Yay! Conveniently all the Black folks are shipped off to camps

in domes so yuppies can build a new waterfront! yay!

[Canuckistanian]

13. Condos and golf courses, yes!

Affordable housing, no!

[AZBlue]

14. Let me tell you what's unprecedented

Unprecedented Disaster

Unprecedented Destruction

Unprecedented Suffering

Unprecedented Indifference by a sitting administration

Unprecedented Outrage by US (and world) citizens everywhere

Unprecedented Death

Unprecedented Displacement of US citizens

Unprecedented Number of lives torn apart

Unprecedented Shame on a president and his cronies

[Hanover_Fist]

15. Well I guess

when life hands ya lemons, ya make lemonade.......(dont't step in the sarcasm slick).

[Raiden]

16. Sounds like they plan to nuke it

This shit is why I could never be a Republican--It's all about the money

[mom cat]

17. Those gerrdy bastards are salivating over this cash cow!

[VegasWolf]

18. In a way, I'm glad to see 10's of billions of dollars flowing into our

economy, rather than overseas in Iraq, for a change!

[KamaAina]

19. After "some" voiced doubts about rebuilding?

Don't they mean "Denny Hastert"? Why don't they call a spade a spade, or a lying sack of shit a lying sack of shit?

[neuvocat]

20. Such a cynical use of Doublespeak.

[OKthatsIT]

21. eminent domain, you lose..rich wins again

It wont be New Orleans without the social and racial demographics.

[Merlot]

22. It's going to take at least a year to dry out and decontaminate NO

so, I guess it will be awhile before that "boom" gets started?

[genius]

23. Does this mean that Bush made it worse to help the economy?

Randi Rhodes thinks he wants to condemn the land and then let his rich developer friends develop it.

[Emillereid]

24. This is their "Put on a Happy Face" strategy???? Another insensitive

comment like Barbara's -- doing their best to spin NO as seredipitious good fortune!!Christ can't these people let us all have some time to mourn the thousands dead first before telling these people how lucky they all are!~!!!!