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America Is Lying to Itself About the Cost of Disasters
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2024-10-07 at 3:58 AM UTCAmerica Is Lying to Itself About the Cost of Disasters
This mismatch, between catastrophes the government has budgeted for and the actual toll of overlapping or supersize disasters, keeps happening—after Hurricane Harvey, Hurricane Maria, Hurricane Florence. Almost every year now, FEMA is hitting the same limits, Carlos Martín, who studies disaster mitigation and recovery for the Brookings Institution, told me. Disaster budgets are calculated to past events, but “that’s just not going to be adequate” as events grow more frequent and intense. Over time, the U.S. has been spending more and more money on disasters in an ad hoc way, outside its main disaster budget, according to Jeffrey Schlegelmilch, the director of the National Center for Disaster Preparedness at Columbia Climate School.
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2024-10-07 at 11:51 AM UTCMilitary hammers really do cost $500.