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The Donnybrook
Thursday, August 9, 2007
 
Is New Orleans Economically Viable?

The city had about 455K population before Katrina. It's at about 200K now. How long do you think it will before it has 455k again? I'd bet it will be when I am in my 70's. I'm 42 now. The city held many people who cannot afford to move back and for whom there was no work in N.O. anyway. Therefore, Houston, you have a problem. The former NO'ers aren't leaving. They didn't exactly bring in an positive economic tide, eh?

And the economic effects of hurricanes and the geography of Louisiana are not confined to the SouthEast US.




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