The Mississippi, No Longer Muddy, Still a Threat: Steven Solomon

Lock
This article is for subscribers only.

June 21 (Bloomberg) -- As the floodwaters slowlyrecede along the lower Mississippi River, we can begin totake stock of the flood of 2011, the most devastating sincethe epic deluge of 1927.

Most striking, by far, is what didn’t happen: Althoughmany people and communities suffered, overall economic andsocial life in and around the most important arterialwaterway in the U.S. suffered only minimal injury. Thenational economy dodged a bullet at a vulnerable moment.