Katrina and rebuilding of New Orleans

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"The city of New Orleans is not going to be rebuilt.
Throughout the world, you see an increasing distinction between "port" and "city." ...The measure of a port is how quickly it can load or unload a ship and return it to sea. That process is measured in hours. It is the product of extremely sophisticated automation, which requires some very skilled people but does not create remotely enough jobs to support a city of half a million or so.
The dazzling Offshore Oil Port employs only about 100 people. Even the specialized Port of New Orleans, which handles things like coffee, steel and cruise boats, only needs 2,500 people on an average day, LaGrange says. The Warehouse District was being turned into trendy condos...
There are no national corporations with their headquarters in New Orleans. There are regional headquarters of oil companies such as Chevron and ConocoPhillips, but their primary needs are an airport, a heliport and air conditioning. Not much tying them down.
...if you look for major employers in New Orleans, you quickly get down to the local operations of the casino Harrah's, and Popeye's Fried Chicken."
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