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New Orleans Project

In: Business and Management

Submitted By mich9153
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Pages 9
The Case For New Orleans
Cameron Michael
Argosy University
Dr. Matthew Kuofie

Introduction If one could go back in time, it would be fairly easy to avoid any mistakes. The decisions could be made in hindsight which would then make them simple decisions. This could be the case for the city of New Orleans. The city probably should have probably never been built there in the first place. A large portion of the city is at, or below sea level and is very high risk for flooding. There are far too many people that live their now, and it is impossible to just pick the city up and move it. With science backing a future of rising sea levels, the risk of flooding in the area is only going to continue to rise. If New Orleans is not rebuilt, it would be a huge hit to the local economy and job market. The population would largely decline due to the risk of living there and the poor job market. This would cause a similar situation as the one currently happening in Detroit. The city would face bankruptcy and would be a liability for the entire nation. On the other hand, trying to rebuild New Orleans has many issues as well. Does it make sense to spend billions of dollars rebuilding a city that will probably face another hurricane sometime in the future? Science points to rising water levels which is very worrisome considering half of the city is already at or below sea level.
Part A
New Orleans Economics It is no secret that Hurricane Katrina had devastating effects on the economy in New Orleans. According to Eaton (2015), tourism is an economic anchor in New Orleans. During and after Katrina, it isn’t hard to imagine why tourists avoided the area. Tourism jobs vanished and no out of state tourism money was entering the city. The number of visitors in 2006 fell to 3.7 million from 10 million in 2004. Mardi Gras attracted only a third of its usual…...

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