Market Should Determine Hurricane Risk, Ex-FEMA Administrator Fugate Says

The transcript discusses FEMA's readiness to support states during disasters, highlighting the challenges in disaster response due to inadequate building codes and the high costs borne by taxpayers. It suggests leveraging market forces for risk management instead of government subsidies. The role of FEMA in Hurricane Maria is examined, focusing on the ambiguity in death toll reporting. The discussion concludes with the need for better building practices to enhance disaster preparedness and reduce reliance on federal aid.

What does it mean to be ready in the context of FEMA's operations?

What are the implications of North Carolina backing off on building codes?

How does the built environment contribute to the devastation caused by hurricanes?

In what ways could the federal government improve disaster preparedness?

What role do market forces play in determining risk for building in vulnerable areas?

How do we determine the actual death toll from disasters like Hurricane Maria?

What challenges did FEMA face during Hurricane Maria in Puerto Rico?