As I understand, unemployment (and criminality) was huge in New Orleans. A famous, contemporary, Dutch saying is "Each disadvantage has its advantage" (Johan Cruyff, best soccer player of the 20th century).
>From Yahoo News:
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>WASHINGTON (AFP) - The flooded city of New Orleans will see an unparalleled building boom, US Labor Secretary Elaine Chao confidently predicted after ordering the creation of 25,000 temporary jobs for evacuees.
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>She said that while Hurricane Katrina was devastating to the immediate region, it was too early to gauge the storm's impact on the US economy.
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>But America's fabled jazz capital will bounce back, Chao insisted after some voiced doubts over whether the costs of rebuilding the flood-prone city would be worth it.
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>"Well, certainly in the short term, the regional devastation is very significant. But as for the national impact, we are not quite sure yet," she told the CNBC network.
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>"But what will happen -- and I have seen this in previous catastrophes and hurricanes -- there is a bright spot in that new jobs do get created," Chao said.
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>"And in the rebuilding: New Orleans, for example, is going to see one of the biggest construction booms that they have ever seen.
Groet,
Peter de Valença
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