Tornado Damage Could Top $2 Billion
Early analysis of destruction in Oklahoma
The Oklahoma Insurance Department says a preliminary estimate suggests the cost of the tornado that hit the Oklahoma City suburb of Moore could be more than $2 billion.
Spokeswoman Calley Herth tells The Associated Press that the early tally of damages is based on visual assessments of an extensive damage zone stretching more than 17 miles and the fact that the tornado was on the ground for 40 minutes.
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Sounds like a Keynesian dream come true.