“We have exported a lot of our unemployment rate to other states.”
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“We thought that was the mother of all recessions. This is almost twice as large.”
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“Its going to take decades, plural, to replace those homes, which is not encouraging.”
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“Its probably one of the few last best hopes out there for people whose homes were flooded, and had no flood insurance. Without this kind of help, theres a very large number of people who are just sunk.”
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“According to the National Homebuilders Association, that is a heroic assumption. Were really being optimistic with that figure.”
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“Its been very frustrating to many private-sector businesses: They know there are people out there who dont have jobs, but when they go and offer them positions, people say they are not ready to work yet. People are looking at their FEMA checks and their housing allotment and their unemployment benefits and they are saying, Hey, I am going to wait awhile. They are getting enough assistance that they dont need to go back to work.”
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“Theres no way you could spin that into good news.”
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“We have slight improvement in employment, maybe enough to bring down unemployment three- or four-tenths of a percent, but not enough to bring it down this far.”
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“The problem is more basic than where are the people? The problem is the people dont have anywhere to live.”
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“The tax base will shift more to where they have their residences, instead of where they work. Thats where they will pay their property taxes, buy their groceries, buy their cars.”
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