Katrina and Economy

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Title: Katrina and Economy
Essay Details
Subject: Social Issues
Date: November 16, 2002
Length: 3 / 655
No of views: 0
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Essay text:

This likely depressed the September payroll figure by more than was actually the case," (MacDonald). A few people disagree on how badly Katrina has affected the U.S. economy in general. Jerry Bowyer wrote in "Katrina and the Economy: Apocalypse Not", "For the third quarter of the year (during which Katrina occurred) Gross Domestic Product grew an impressive 3...
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Bowyer also states that this GDP is higher than the average GDP for the past 20 years and is also higher than the average GDP during the years that Bill Clinton was president (Bowyer). Overall Bowyer believes that the economy has grown because of Katrina...
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