Hurricanes Katrina and Rita

August 31st, 2005|by Michael Ashley Schulman, Greg Pellizzon, Perspectives, The Big Picture, Writers|

On August 29 and September 24, Hurricanes Katrina and Rita respectively, struck the Gulf Coast.   The storms destroyed lives, entire towns, busy ports, and crude oil production and refineries: well over $100 billion of destruction. Along with the hurricanes, a wave of negative consumer sentiment has also flooded America and put a pall on domestic […]