During a press conference on Thursday, Florida Governor Ron DeSantis reportedly criticized a Wall Street analyst who had predicted that Hurricane Milton would cost the state $50 billion.
“How the hell would a Wall Street analyst be able to know? It’s been dark all day. What, you’re just going to know that you’re going to do? I mean, like, give me a break on some of this stuff,” DeSantis said.
“I’m not saying there’s not going to be damage, there will be. It cut across the state in a way that Helene did not.” he added.
“So, we’ll see. There’ll be a lot more that’ll need to be done to assess the extent of the damage, but what I think we can say is we have a lot of resources in play here in Florida,” DeSantis concluded.
Then, he referred to the “negative storm surge” in certain regions off the coast of Florida, in which water was sucked out of the estuary rather than generating a significant storm surge.
DeSantis also stated that he does not anticipate that the state will endure the same level of destruction as it did during Hurricane Ian in 2022.
CNBC earlier this week cited an analysis that estimated damages at $50 billion or even $175 billion in a worst-case scenario.
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