Should we subsidize developing high risk coastal areas?

By Kathy Chu, USA TODAY
DAUPHIN ISLAND, Ala. — This island’s website couldn’t be blunter: “Dauphin Island is in a precarious position of being a barrier island, in essence an overgrown sandbar. This gives us a potential of being a disaster in the making. We have been hit by numerous hurricanes, Ivan, Frederic, Georges, Danny and many more!”…
The real irony is the claim that New Orleans is different from the other places built in high risk zones –  the problem in New Orleans is that the feds do not spend enough on levees to protect the city. Once the feds begin to subsidize high risk development, it is considered an entitlement and it is the feds fault, not the locals for the bad land use decisions.