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Planet Money
Episode 414: After The Flood, The Backup Plan
Credit Seth Wenig / Associated Press
Food damaged by storm flooding awaits disposal at the Fairway supermarket in Brooklyn.
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A monster storm flooded parts of the biggest city in America this week. Millions of people are still without power.
But in the long run — even in the medium run — New York (and New Jersey!) will recover. And for the U.S. economy as a whole, this disaster will barely be a blip.
This is largely because there are countless backup plans hiding everywhere in our economy. On today's show, a flooded grocery store reveals safety nets that are usually hidden but, at moments like these, are suddenly made visible.
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Copyright 2012 National Public Radio. To see more, visit http://www.npr.org/.9(MDA4NjIwNTkwMDEzMjI4NDY0MjY4ZTBlNA004))
9(MDA4NjIwNTkwMDEzMjI4NDY0MjY4ZTBlNA004))
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