Recent Slew of Natural Disasters Show Us Why We Need to Keep Our Nation’s Finances in Order: Are We Prepared to Rebuild From a Massive Natural Disaster With a Massive Foreign Debt in the Trillions Already?

The recent spat of earthquake disasters in Chile, Ecuador, Argentina, Guatemala, Nicaragua, the Virgin Islands, Haiti, Japan, China, Iran and elsewhere show that earthquakes can occur at any place, at any time, with little or no warning.

When New Orleans was flooded by Hurricane Katrina, it was the greatest disaster to hit an American city, up to that point.  But it was only one city.

What happens if California gets hit by a 9.5 earthquake from the San Andreas fault line?

Or what happens if the New Madrid fault line suddenly goes off, and there’s a swath of primary destruction stretching across four states (Missouri, Kentucky, Tennessee and Arkansas) and then major aftershocks from the Gulf of Mexico up to southern Michigan and southern Wisconsin, and over to eastern Iowa and Nebraska, and as far east as North Carolina and Georgia? 

We don’t know when a disaster will strike, so we should be prepared at all times.  And that means being prepared with disaster relief preparation, and having a balanced budget with low debt, in the event that we do need to borrow trillions to rebuild.  We won’t be in any condition to do so if we already owe other nations $22 trillion, as is projected.   Or if we keep paying for other nations to recover from their own natural disasters.

We need the federal government to reign in spending, and get us in better shape to weather natural disasters, which are inevitable.

The above link to the New Madrid fault line goes to a 27 minute video, which is excellent and was produced by the U.S. Geological Survey.