Monday, September 11, 2017 | Tag Cloud
Tags: Federal Reserve
, Worthy News
(Worthy News) - More than a decade of budget cutting and a rash of government job vacancies are taxing Washington’s ability to cope with a one-two punch of epic storms.
The fiscal belt-tightening has coincided with an American migration to job-abundant coasts, where people are building bigger houses and taller condos while shunning flood insurance. Storms, fires and other disasters are hitting with more frequency and fury, forcing the federal government to cope with overlapping catastrophes.
Over the weekend, federal first responders were decamping from the Hurricane Harvey havoc in Texas to head for Florida. Hurricane Irma is hitting the state just as rebuilding aid for last year’s Hurricane Matthew begins arriving from Washington. [ Source (Read More...) ]
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