-- President Obama
It's hard to imagine the statement and the endless task now. It may take another entire decade, maybe even two decades. It may take $1 billion, $5 billion, or even $20 billion.
New Orleans, up until Hurricane Katrina....was a town unlike any other in America. It survived off corruption. The cops, the town council, the mayor, the city departments, and even the education sector....all took money off the plate. They didn't care.
The city's entire purpose in life and industry....was tourism. Basically....you went to New Orleans to drink excessively and do things that you couldn't normally do in most towns in America.
So now, we owe New Orleans something that other towns would never get....a blank check.
It's funny over all the various hurricanes that came and went in the 70's, 80's, and 90's. Those towns and areas basically absorbed the situation and moved on. What you've got is a place that can't absorb anything....most folks just packed up and left....and now there's this blank check syndrome.