Hurricane Irene

Not only has Hurricane Irene affect the demography of the East Coast, however as well as the U.S. economy for a temporary amount of time. Irene has killed about fourty people over the course of five days and has drained five to fifteen inches of rain, though analyst claim it will have an inconsequential impact on the U.S. economy. It is estimated by Kinetic Analysis Corporation, a risk management firm, that the cost of the total damage is around $7 billion, compared to Hurricane Katrina at a withstanding $100 billion, it is futile and will only be a temporary set back to the U.S. economy. However it is still a large amount of money and the U.S. economy is fragile which in turn will lead to the lag of rebuilding and resoring the East Coast. In retrospect, Hurricane Irene has been a wake up call for those who do not have insurance or an adequate amount because as Hurricane Irene and many others have shown, is the costly damages that have the ability to affect a household as well as the economy.