Podcast

Episode 414: After The Flood, The Backup Plan

Food damaged by storm flooding awaits disposal at the Fairway supermarket in Brooklyn.

Food damaged by storm flooding awaits disposal at the Fairway supermarket in Brooklyn. Seth Wenig/Associated Press hide caption

itoggle caption Seth Wenig/Associated Press

A monster storm flooded parts of the biggest city in America this week. Millions of people are still without power.

But in the long run — even in the medium run — New York (and New Jersey!) will recover. And for the U.S. economy as a whole, this disaster will barely be a blip.

This is largely because there are countless backup plans hiding everywhere in our economy. On today's show, a flooded grocery store reveals safety nets that are usually hidden but, at moments like these, are suddenly made visible.

Download the Planet Money iPhone App. Music: Miike Snow's "Animal." Find us: Twitter/ Facebook/ Spotify/ Tumblr.

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