Do you think a comparison can be made between Katrina's effect on modern New Orleans and the 1900 hurricane in Galveston? Obviously not comparing loss of life, but in terms of economic impact. Before that hurricane, Galveston was a thriving port city. They never really did recover from the storm. I used to live in Houston, and we would drive down to Galveston on the weekends, and I was always surprised at how few people were out shopping or on the beaches. Many people who lived in Galveston actually worked in Houston, due to the depressed state of the local economy.

My question is, can New Orleans recover, or is it doomed to become another Galveston?