Friday, November 22, 2013

A Paragraph to Ponder

From Ceres, Inaction on Climate Change:The Cost to Taxpayers:

"As the frequency and severity of extreme weather events intensify with the effects of climate change, our federal and state disaster relief and insurance programs will become increasingly unsustainable as losses from such events increase. The net present value of the federal government’s liability for unfunded disaster assistance over the next 75 years could be greater than the net present value of the unfunded liability for the Social Security program."

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