The Bergen Record has a piece that describes the differing responses by New York and New Jersey to the aftermath of Hurricane Sandy. In New York, the Cuomo administration is intent on pushing a buyout program in Long Island that would pay homeowners the pre-storm market values for their properties, and encourage the abandonment of flood-prone areas. In New Jersey, the Christie administration is providing $10,000 subsidies to those who will rebuild and return to the Shore. For what it’s worth, I think Cuomo’s approach is the more sober of the two. But the emotional appeal of Christie’s plan is undeniable, and possibly irresistible in the aftermath of such devastation.