I'm as fiscally conservative as the next person but we have to make allowances here. This is the port of New Orleans. It's a lot more than a tourist attraction in Louisiana. Not to mention all the rest of the Gulf coast that lay in Katrina's path, and the tens of thousands of people devastated by the storm.
The magnitude is such that this is not a regional catastrophe but a national one, and therefore federal expenditures are reasonable and appropriate.
Precisely.
Great post. I think the absolutists among us cannot see this very important point.