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Overall Bowyer believes that the economy has grown because of Katrina. Others like Geoffrey Colvin assert that everything looks good now but in a few years, unless changes are made, the U.S. will be in a "fiscal fiasco" (Colvin). Colvin believes that "Katrina forces us to confront additional costs. Scores of cities now realize they're poorly prepared for catastrophes, and they're already seeking funds to upgrade their readiness," (Colvin)...

Colvin believes that "Katrina forces us to confront additional costs. Scores of cities now realize they're poorly prepared for catastrophes, and they're already seeking funds to upgrade their readiness," (Colvin). Colvin believes that a bill for Katrina that reforms Social Security and Medicare must be enacted in order to steer around the problem (Colvin)...

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