A rather interesting article was published today in the Washington Post. The author, Gerald E. Galloway, “is a professor of engineering at the University of Maryland and, as an Army brigadier general, led the White House study of the 1993 Mississippi flood.”
Prof. Galloway has a number of recommendations, including mandatory flood insurance and more spending on levees.
First, most mortgage companies require flood insurance if they think the risk is great enough to warrant it. They do not want people walking away from their mortgages after a flood. If the owners do not have a mortgage, then they take the risk upon themselves. Why should the government interfere with that choice?
Second, many of these communities in the Midwest are farming communities. If we build levees to protect the crops, the cropland will not be fertilized by the floods. Soon, the soil will be sucked of all nutrients. No floods, no farms.