Step 6: Cost of floods
Last year alone, the program paid $709 million in flood insurance claims to home and business owners.
http://abcnews.go.com/Politics/mississippi-river-flood-highlights-bailout-costs-taxpayers/story?id=13563632
in the United States, the average annual cost of flood damage is more than $2 billion. Each year about 100 people lose their lives to floods.
http://pubs.usgs.gov/of/1993/ofr93-641/
So if we can control the floods and redistribute the water this would represent the a savings of $2 billion a year and save homes.
http://abcnews.go.com/Politics/mississippi-river-flood-highlights-bailout-costs-taxpayers/story?id=13563632
in the United States, the average annual cost of flood damage is more than $2 billion. Each year about 100 people lose their lives to floods.
http://pubs.usgs.gov/of/1993/ofr93-641/
So if we can control the floods and redistribute the water this would represent the a savings of $2 billion a year and save homes.
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