Tuesday, August 23, 2016

5 Years After DC Earthquake, We're Still Cutting Quake Monitoring Budgets

Hey, it's 5th anniversary of the Virginia earthquake that shook DC! Back then, we pointed out the budget of the U.S. Geological Survey had been slashed by austerity measures.

What about in the five years since? Surely as our economy has rebounded, we've restored investments in protecting every single American from major earthquakes, especially quake-prone economic engines like Los Angeles, San Francisco and Seattle, right?
  • FY 1997: $1.19 billion, which is $1.76 billion in 2015 dollars 
  • FY 2015 enacted budget: $1.04 billion 
  • That's an effective cut of: 41%
Clearly a nation with a $16.77 trillion annual GDP can't afford frivolities like trying to give its citizens advance warning of major earthquakes and volcano eruptions.
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