3 ms·
Whatever you want to call a metro area of over a million people with a GDP approaching $80 billion, a few hundred million to protect it seems cheap.
by mikeash 8y ago
Whatever you want to call a metro area of over a million people with a GDP approaching $80 billion, a few hundred million to protect it seems cheap.
- thanatos_dem 8y agoWhere’s the $80B number coming from? From the sources I found (from 2017) GDP per capita is $52,536 (from Open Data Network), and population is 393,292 (US Census Bureau), giving a GDP of right around $20B. We’ve already spent 14 on it, and will continue to need to spend indefinitely, so the numbers really aren’t great.
- mikeash 8y agoMetro area, not just the city proper. https://www.frbatlanta.org/economy-matters/2015/08/20/new-orleans-10-years-after-katrina https://www.frbatlanta.org/economy-matters/2015/08/20/new-or...