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Is it actually over 30%? Those are some wild numbers.
Edit: nvm reading is hard.
The US economy has grown by $20 trillion since 2000, to $29 trillion last year. About $7.7 trillion of that — or 36% of all the growth in GDP — is spending related to recovering from or preparing for disasters, according to research by Andrew John Stevenson, a senior analyst at Bloomberg Intelligence.
Across 20 years $7.7 trillion. I'm used to always thinking of it by wildfires which I regularly see year after year tens of billions in damages. That's just damages before increased prevention steps taken state by state. Then there's tropical storms to hurricanes, tornadoes, floodings, landslides, possibly included stuff like droughts or maybe there's been some things like the water is warmer than it used to be so now there's a lot of dangerous bacteria growth that wasn't there before
Oh I missed the word growth. That makes it a lot more believable. I thought it was saying it was 30+% of the entire economy which I don’t see how we could sustain.