I would think that China's calculation about action of a hostile nature against Taiwan would encompass not just military might but also the response diplomatically of nations around the world, but also economic impact.
Romney discusses China's potential military actions against Taiwan and the global diplomatic and economic responses.
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We are looking to do the same thing here but we have not seen anything of that nature yet.
If we don't deal with that, we won't have the resources to be able to deal with emerging crises as they develop as a result of climate change and economic disruption of various kinds.
I completely agree with you on we need to stop subsidizing building in high risk areas.
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