why it has taken YEARS for New Orleans to get back on her feet.
Because there is nothing.
No federal funding.
No help for businesses.
A homeowner can get a grant up to $30,000 to fix their kitchen, bathroom, bedroom. A homeowner can get a low interest loan at 2.9%.
But a business, the ones who rebuild the houses, the economy, the jobs, the health coverage,
are offered not one single dime to rebuild. Not one dime to put their employees back to work. Not one red cent to start taking orders, or clean the sludge out of their shop, or rebuild their equipment.
Even the paltry $30,000 that a homeowner gets would go a long way towards getting us back on our feet. For that we could buy replacement motors for our machines. We could lease a new space and pay for riggers to move our equipment. We could rent a power washer to clean the crud off our floor.
But congress has allocated exactly nothing except the offer of debt. We can get a 4 or 6% loan that will weigh us down for the next 30 years. We will be in our 70s by then.
Now I know why it has taken YEARS for Louisiana to rebuild. Because her businesses were left high and dry.