This cold spell is touching multiple states and whole regions such as the South. Converting the current weather stress into economic meaning might be a difficult task for economists. Now, we have so many other factors as a result of the recession.
It’s too bad we can’t blame politicians for the weather. I guess we could blame them for not being prepared for known hardships. But Louisiana don’t see it that way. After Katrina and the failed levies they returned their politicians to office top to bottom. Much of one of the world’s great cities was reduced to rubble and filth, but Louisiana voters thought their elected officials deserved another chance. Only “heck of a job Brownie” got fired.