The Humble Libertarian

Mind your business.



Thursday, August 31, 2017

Libertarian Solutions: How Congress Makes Hurricanes Worse and How to Keep Americans Safe From The Next Big Hurricane


The appropriations fight over federal relief funds for Hurricane Harvey is a big show of support and compassion, but it's really just another wealth transfer to the government that doesn't do anything to solve the problem at all.

If Congress really cared about solving problems, they would pay out as much as they need to from the federal flood insurance program for Harvey, raise the program's budgets, whatever they need to do to fulfill promises they've made....

And in the same bill they would start to phase out the federal flood insurance program and make people pay actual market rates to private insurance companies for flood insurance by a certain target date.

Then people will have to consider the real costs of building in a flood plain by a coast.

Which was graciously published
at Everything Voluntary