This could help in the prevention of future home floodings:
https://finance.yahoo.com/news/trump-wants-curtail-flood-insurance-195241699.html
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The most terrifying words in the English language are: I'm from the government and I'm here to help."Ronald Reagan
It's a good idea to get rid of government flood insurance. As long as government picks up the tab for damages, people will keep building in flood zones. If they stop subsidizing flood insurance, and home owners have to pay high rates out of their own pocket, then either they'll stop building or build more expensively on stilts so there isn't damage from floods. I live in New Jersey and have driven along the shore that was devastated by Hurricane Sandy a few years ago. While some houses are now on stilts or houses fixed so only the garage is on the first floor, most have just been fixed up as they were. The next Sandy will wipe them out again. And the American taxpayer will pick up the insurance payout.
The government causes similar problems with school loans. Because an unlimited amount of money is made available, school and universities keep raising their tuition charges.
The government's FDIC bank insurance let's banks do risky investments like what caused the 2008 home mortgage fiasco. In the past, depositors would only give their savings to banks that were conservative with their investments. Once you know that FDIC insures your deposits, you really don't care about those things and ignore the risks that banks take. Too big to fail? Banks are bigger than ever.
The Federal Reserve keeps printing money to pay for the deficits and debts so government can keep spending more than they get in taxes and officials can keep getting reelected. Soon the chickens are going to come home to roost. Frankly the new tax plan from Trump is going to hurt me. But the middle class always gets it in the neck.