• [ network ]
  • submatrix.net
  • gvid.tv
  • img.gvid.tv
  • games.gvid.tv
  • apps.gvid.tv
HomeUploadUpload URLHotlinkRandomAbouttheme toggle
Expand

Stossel: Hurricane Reconstruction

Views:1268
@ReasonVids

Is rebuilding after disasters the government's responsibility?

----------------
Subscribe to our YouTube channel: http://youtube.com/reasontv
Like us on Facebook: https://www.facebook.com/Reason.Magazine/
Follow us on Twitter: https://twitter.com/reason
Subscribe to our podcast at iTunes: https://goo.gl/az3a7a

Reason is the planet's leading source of news, politics, and culture from a libertarian perspective. Go to reason.com for a point of view you won't get from legacy media and old left-right opinion magazines.

----------------

The recent hurricanes took a heavy toll. The cost of rebuilding will be significant.

Politicians from the areas hit now want tens of billions of dollars in aid.

When disaster strikes, the federal government definitely has a role because the feds control resources like the military and other first responders. After Hurricane Harvey, FEMA housed 42,000 people in 692 shelters. After Irma, 13,000 National Guard soldiers helped rescue and evacuate people. That's the kind of emergency response we expect from the federal government.

But why is rebuilding afterwards the federal government's responsibility? Until recently, businesses and charities handled most disaster response.

In 1906, the massive San Francisco earthquake and fire that followed destroyed 80 percent of the city. The city was rapidly rebuilt because it was done by the private sector, not cumbersome bureaucracies. Companies like Johnson and Johnson shipped in rail cars full of donated medical supplies.

After the great flood of 1916, again, businesses immediately stepped in. The federal government did very little. The midwest recovered.

When massive tornadoes swept through Oklahoma a few years ago, volunteers from a charity, Oklahoma Baptist Disaster Relief, used bulldozers to clear tornado debris from more than a thousand homes. The charity's director, Sam Porter, said "I don't think there's any kind of disaster that can take place that the non-profit and faith-based groups cannot take care of."

Whether that's true or not, there's no doubt that the private sector does a better job than government. Federal rebuilding creates moral hazards that lead to expectations of even more government help.

Produced by Naomi Brockwell. Edited by Joshua Swain.

libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
john stossel
,
hurricane
,
rebuilding
,
federal
,
trump
,
hurricane harvey
,
puerto rico
    Thumbnail for DIY Biohackers Are Editing Genes in Garages and Kitchens4:57
    DIY Biohackers Are Editing Genes in Garages and Kitchens
    ReasonVids2
    1503 views
    Thumbnail for $20 Folding Phone | Parker Burton0:59
    $20 Folding Phone | Parker Burton
    invidious
    540 views
    Thumbnail for Put a Spoon Of Sugar On the Grass, And See Who Will Come | BRIGHT SIDE9:08
    Put a Spoon Of Sugar On the Grass, And See Who Will Come | BRIGHT SIDE
    Invidious8
    190 views
    Thumbnail for [1494] Reassembling a PacLock 90A-Pro Padlock5:16
    [1494] Reassembling a PacLock 90A-Pro Padlock
    Invidious5
    256 views
    Thumbnail for Based Biden0:44
    Based Biden
    bestofupgoat
    596 views
    Thumbnail for Elon Musk on xAI Grok vs OpenAI GPT | Lex Clips4:27
    Elon Musk on xAI Grok vs OpenAI GPT | Lex Clips
    Invidious8
    178 views
    Thumbnail for Let the shit show begin- stage runners at the DNC0:22
    Let the shit show begin- stage runners at the DNC
    bestofupgoat
    605 views
    Thumbnail for India protesting in support of #gaza but they are waving Italian flag not #palestinian  flags 🤣💀 | nwosparrow0:31
    India protesting in support of #gaza but they are waving Italian flag not #palestinian flags 🤣💀 | nwosparrow
    Invidious8
    181 views
    Thumbnail for My Pal Foot Foot - The Shaggs2:36
    My Pal Foot Foot - The Shaggs
    Invidious9
    196 views
    Thumbnail for Assassin's Creed: Games with a Libertarian View of the World4:45
    Assassin's Creed: Games with a Libertarian View of the World
    ReasonVids3
    1347 views
    Thumbnail for Dead Rising: Girl Hunting - Walkthrough - Part 14 - Let's Play (Gameplay & Commentary) | theRadBrad13:09
    Dead Rising: Girl Hunting - Walkthrough - Part 14 - Let's Play (Gameplay & Commentary) | theRadBrad
    Invidious8
    190 views
    Thumbnail for Island54 Unity3D Quick Tip #2 | How to Make Singletons | Island54 Games1:28
    Island54 Unity3D Quick Tip #2 | How to Make Singletons | Island54 Games
    Invidious8
    182 views
    Thumbnail for Nastya and Dad open boxes with surprises to learn the alphabet | Like Nastya10:38
    Nastya and Dad open boxes with surprises to learn the alphabet | Like Nastya
    kids.topic
    527 views
    Thumbnail for Halo 3 - Team Slayer - Heretic (XBOX ONE) | Mystical Gaming8:18
    Halo 3 - Team Slayer - Heretic (XBOX ONE) | Mystical Gaming
    Invidious8
    194 views
    Thumbnail for The Whitest Kids U'Know Season 2 Episode 822:12
    The Whitest Kids U'Know Season 2 Episode 8
    wkuk.topic
    835 views
    Thumbnail for Left Cloud BEATS Right Cloud. Yes, really. | WhyDo14:54
    Left Cloud BEATS Right Cloud. Yes, really. | WhyDo
    Invidious7
    578 views
    Thumbnail for Song of Solomon: What is The Song of Songs? (Pt.2) | David Leone'2:41:21
    Song of Solomon: What is The Song of Songs? (Pt.2) | David Leone'
    Invidious8
    153 views
    Thumbnail for Senator Josh Hawley Needs to Shut The Hell Up | Live From The Lair21:20
    Senator Josh Hawley Needs to Shut The Hell Up | Live From The Lair
    Terrence Popp
    892 views
    Thumbnail for How to Speed Run Getting Cancer - Goblins Guide8:45
    How to Speed Run Getting Cancer - Goblins Guide
    invidious3
    303 views
    Thumbnail for 【Liar's Bar】lying is hard.... 🥺【Kaela Kovalskia / hololiveID】 | Kaela Kovalskia Ch. hololive-ID4:31:43
    【Liar's Bar】lying is hard.... 🥺【Kaela Kovalskia / hololiveID】 | Kaela Kovalskia Ch. hololive-ID
    Invidious8
    182 views
    Thumbnail for Attempt #1 on Scratch Get Over It10:10
    Attempt #1 on Scratch Get Over It
    SegOverride_Gaming
    674 views
    Thumbnail for Copy Is Not Theft0:59
    Copy Is Not Theft
    x0x7
    297 views
    Thumbnail for Poll update at GoatMatrix6:36
    Poll update at GoatMatrix
    x0x7
    726 views
    Thumbnail for Israel's EXTREME Censorship Hides Realities Of Disastrous War | The Young Turks13:20
    Israel's EXTREME Censorship Hides Realities Of Disastrous War | The Young Turks
    Invidious7
    222 views
    Thumbnail for Laogai: The Tragic History of China's Secret Labor Camps3:59
    Laogai: The Tragic History of China's Secret Labor Camps
    ReasonVids2
    1270 views

points

Permalink
Reply
libertarian
,
reason magazine
,
reason.com
,
reason.tv
,
reasontv
,
john stossel
,
hurricane
,
rebuilding
,
federal
,
trump
,
hurricane harvey
,
puerto rico
TOS  •  Add Keywords  •  Donate  •   Analytics  •   DMCA  •   Puzzle