Originally Posted by
Stoney
This is what I posted above.
"Levies and flood dams have not prevented flooding or flood damage. They just provide the perception to some that they are protected and maybe a reason to pay for the losses. The free market wouldn't have people building homes where tax payers are sure to have to pick up the tab for the losses."
Two posters have suggested those words aren't true. But they absolutely are. Do I have to show evidence of the floods that happened last year, or the year before, or the year before that. I've been going to Grenada Lake, a flood control lake off the Mississippi River near Grenada, Mississippi for 40 years and have watched some flooding in that town almost every one of those years.
Government providing levees that prevented flooding might be a good thing. But when they don't prevent floods they provides us with an obligation to pay for the damage caused. If levees are what's needed for entrepreneurs to profit from the "delta" of the Mississippi then they'd figure it out, or a better solution.