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LAT: On Their Own in New Orleans(reconstruction private not public,no net) [View All]

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DeepModem Mom Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-04-05 11:43 AM
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LAT: On Their Own in New Orleans(reconstruction private not public,no net)
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On Their Own in Battered New Orleans
What Bush said would be one of the largest public reconstruction efforts ever is becoming a private affair, leaving the tough choices to residents as their risks increase.

By Peter G. Gosselin, Times Staff Writer


....Lost amid continued talk of billions in federal aid is the fact that most homeowners and businesses are being left to make the toughest calls on their own. Lost is that New Orleans' recovery which President Bush once suggested would be one of the largest public reconstruction efforts the world had ever seen is quickly becoming a private market affair....

***

To market advocates, this is the way it should be. Rugged individuals settled the American West in the 19th century and can resettle the Crescent City in the 21st.

But the risks that individual New Orleanians must shoulder in such an on-your-own recovery appear staggeringly large....

***

The situation in which residents find themselves is an extreme example of a trend underway for a quarter-century, a shift of economic risk from business and government to working families, and an increasing reliance on free markets to manage society's problems.

Safety nets such as unemployment compensation, employer-provided healthcare insurance and pensions, and, recently, effective disaster relief have been reeled in or removed. Increasingly, families from the working poor to the affluent are left largely to buy and sell their own way to safety even when their individual efforts seem utterly outgunned, as they do in the case of Katrina....


http://www.latimes.com/news/nationworld/nation/la-na-or...
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