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The Private Sector vs. the Lethargic Federal Government

June 9, 2016 By Debbie Young

Hurricane Katrina

James Freeman of the WSJ writes some inspiring news. His focus is on the recent fire-ravaged Canadian province of Alberta and the “much-maligned” oil companies that spontaneously helped in the recent rescue effort by providing food and shelter to more than 25,000 people.

As St. Lawrence University economist Steven Horwitz notes, “That shouldn’t surprise anyone who knows what Wal-Mart did after Hurricane Katrina hit the Gulf Coast in 2005. The company shipped thousands of trucks of water and other supplies into the area, well ahead of the lethargic Federal Emergency Management Agency.”

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Debbie Young
Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.
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