Ouch:
Superstorm Sandy caused $36.8 billion in damage in New Jersey, Gov. Chris Christie said Wednesday.
Mr. Christie is requesting that amount, which is greater than the state’s entire budget, from the federal government.
The governor said more than 30,000 homes and businesses were destroyed or sustained substantial damage.
The nation’s chief exponent of the Broken Window Fallacy must be pleased at the scale of the devastation.