Pound Foolish: Federal Community-Resilience Investments Swamped by Disaster Damages

Center for American Progress / by Daniel J. Weiss and Jackie Weidman
http://www.americanprogress.org/issues/green/report/2013/06/19/67045/pound-foolish/

[From Press Release] …Many communities, however, lack the financial resources to increase resilience to future extreme weather events, and the federal government woefully underfunds such resilience needs. An analysis released today by the Center for American Progress estimates that the federal government spent a total of only $22 billion on general resilience efforts from fiscal year 2011 through fiscal year 2013.

A previous CAP analysis estimated that the federal government spent $136 billion—or nearly $400 per household annually—on disaster relief and recovery from FY 2011 through FY 2013. CAP estimates that federal taxpayers spent nearly $6 for disaster recovery for every $1 spent to increase general community resilience over the past three years…

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