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Also, lord knows how much spent in insurance payouts, property damage, and wasted food when the power went out. Plus the economic drag created by infrastructure
by ashtonkem 6y ago
Also, lord knows how much spent in insurance payouts, property damage, and wasted food when the power went out. Plus the economic drag created by infrastructure being wrecked for the next couple of months, diminished tax receipts, etc.
Have you seen the videos of hotels flooding after their pipes burst? Fixing that stuff isn’t going to be cheap at all. I would bet that those hotel operators are now going to spend a lot more fixing up their buildings than whatever reliable energy would have costed. Oh, and any damages building won’t be generating any profit until it’s fixed and everyone else is doing well enough to spend on discretionary items, which will take a while since every plumber is probably booked solid for months.