Maybe we don't need to get rid of ALL subsidized flood insurance but most of it should go IMO. It's putting many lives at risk. There's one home that has been destroyed and rebuilt 35 times (!) by floor insurance- that is insane! And while many poor folks rely on it there are many wealthy people that abuse it.

Long and short- it encourages building in flood plains. That isn't a good thing. As the global climate shifts we're going to see increasingly extreme weather, and as sea levels rise there are places that humans simply won't be able to inhabit any longer. Instead of pouring tax money into holding back the ocean with a broom we need to relocate people to higher ground.

New Orleans should probably be abandoned. Yes, it's a wonderful city. Yes, it has fascinating history. And yes, French engineers warned that the site was unsuitable for a city before it was even built. They were correct then and it's far worse now.
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“I'd rather have questions that cannot be answered than answers that can't be questioned.” —Richard Feynman