My question - why keep rebuilding it? If it's so flood-prone, so costly to repair, why not just write it off? The government could buy out all those affected and they could move somewhere safer. No more worries about hurricanes and no more evacuations. It would probably be a lot cheaper.
It seems incredibly wasteful to spend hundreds of millions of dollars to repair homes and business that in all likelihood, will be severely damaged by the end of the week. Three years. That's how long it's been since the last one. Is it really worth it?
Are we going to perpetually "bail out" New Orleans every hurricane? Or will we finally stop and cut our losses? We have enough national debt as it is.
It's not worth it.