Ongoing Bad News of the Moment
September 2, 2005
For the record, this is kind of what I expected for all over the USA during Y2K, at least in 1998. (By mid-1999, it was clear that a number of systems had been rolling over with no problem.) The "advantage" for Y2K was that it didn't have the physical infrastructure blowout that they have right now down south; conversely, a Y2K scenario meant there would be no "outside" to ship aid in.
It almost makes me want to get my survivalist mojo working.
I would say, I wonder if there's anyway we're going to avoid an oil-shockish recession from all this. (slate has similar thoughts.)
Of course, any questioning of Bush's push for a taxcut early on, and the negative effcts thereof, are handwaved away by 9/11 and now maybe this. I just read a good, if scary, analysis of this in Atlantic, written from a hypothetical future campaign advisor looking back to 2008-2012 or so. Bush strived to eliminate a guesstimated surplus that never showed up, with no concept of setting aside resources for a rainy day. And if the Iraq war wasn't neccesary, it's an unnecesary brutal ongoing drain on our economic and military strength. (Slate has argues that this is a huge test and failing grade for "Homeland Security".)
[UPDATE in 2015: the "this" was Hurricane Katrina]