A number of years ago, when people were first gathering statistics, mitigation was thought to provide a 2-to-1 advantage. For every dollar invested, you get two back. Now that number is 5-to-1, according to Swiss Re. See
Lessons from extreme weather events: What disasters teach us about resilience.
As noted in the article, disasters are not isolated to just the United States. it is a worldwide issue. Poor countries likely don't have the funding to invest in mitigation and the larger, wealthier countries don't necessarily embrace the benefits. It will take a "series" of major disasters to get policymakers, here and abroad, to change their thinking and their budget priorities.
Claire Rubin, as is the case many times, shared the link above.
Eric Holdeman is a contributing writer for Emergency Management magazine and is the former director of the King County, Wash., Office of Emergency Management.