The other day the White House released a fact sheet detailing what the federal government has done to assist New Orleans and other Gulf areas in their rebuilding efforts. The sentence that hits you between the eyes: "The federal government has provided more than $114 billion in resources--$127 billion including tax relief--to the Gulf region."
A CNBC commentator, Larry Kudlow pointed out that if all that money were sent to each person in the Gulf region everyone would have gotten a check for $425,000.
Not bad work if you can get it.
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