Hurricanes

I thought that this article was interesting. It was surprising to me that the hurricanes did not do that much damage to the US economy. The article claims that the economy is growing at a rate of 3.8%. This is very surprising considering the amount of business' that Louisiana lost. The entire city shut down. Louisiana is not considered a major trading city compared to others in the US; however it is a major port int he southern US. The article says that with this tragedy consumers have been spending money. To stimulate the economy money needs to be spent. This can be also shown after the 9/11 tragedy. President Bush encouraged Americans to spend money which will keep business' open. I guess sometimes a tragedy in the long run can help an economy.