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SQUANDERING SYMPATHY

September 26, 2005

Americans are generous. Louisiana's senators seem determined to see if their countrymen are also gullible (via Taxable Talk):

According to this story, Louisiana's senators have asked for $250 billion in aid solely for the state of Louisiana. That's an interesting number given that current estimate of damage is $200 billion.

For some historical perspective, the entire Louisiana Purchase cost about $229.5 billion in 2005 dollars ($14 million in 1803). That got us Louisana and all or part of 14 other states. It seems wrong to pay for it again.

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