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- January 10, 2012 at 6:01 pm #383309
I have been wondering this since I saw insurance industry estimates that put the damage from the Haitian earthquake at over twice the GDP of the country itself, and that doesn’t even include the ultimate cost of rebuilding, the overall damage to their economy and the amount of time it will take them to get production going again.
Now, admittedly we’re in the pockets of some other nations for other situations we’ve gotten into, but given the extent of the damage and the amount we’re going to end up being on the hook for anyway… would it be cheaper for the United States to simply tender an offer for the territory as-is, ship everyone non-essential out, take our underemployed construction industry and keep it running through the recession by contracting for workers to rebuild, and then just bulldoze the infrastructure and rebuild from scratch?
Or, do you think given the length of time we’ve spent working on both the World Trade Center site and New Orleans, we’d just never get the job done if we took it?
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