New Orleans, Drowning in the Sands of Time

Some 250,000 devastated businesses have applied to SBA loans; only a couple hundred have been approved. Isn't that as lackadaisical a response as FEMA's? If these businesses can't get short-term loans, they're going to close up, and there go the jobs that might enable more folks to return.
Some 284,000 homes were destroyed by the hurricane. Some people got flood-insurance payments, while others in the same neighborhood were denied. Major portions of the area have no power, and the local electric utility is bankrupt. The health care system has been crippled, with only two hospitals partially reopened. The first regular public school reopened only yesterday. Some banks can't decide whether to rebuild. Companies like UPS and Burger King have jobs available, but few takers because there is no housing. Much of the $62 billion okayed by Congress remains unspent.

(1st photo: Erik S. Lesser for The New York Times)
(2nd photo: Eliot Kamenitz -- The Times-Picayune)
(2nd photo: Eliot Kamenitz -- The Times-Picayune)
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