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Irene

Irene, jobs and the parable of the broken window

Although less powerful than anticipated, hurricane Irene still managed to inflict a significant amount of damage on the United States East Coast.  Over 4 million people remain without power and 25 individuals lost their lives.  The destruction to property and assets was equally as severe and the latest estimates are that the repair and rebuilding efforts could cost upwards of 7 billion $USD. 

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