GDP may raise post natural calamities, but we may be poorer because of loss to economic assets existing stock

In the context of Hurricane Mathew damages of $4 to 6 billion

1. GDP may raise post natural calamities like Hurricanes.

2. However, we may be poorer because real economic assets were destroyed.

3. Even if we rebuild those destroyed assets, we are still poorer because we could have used those resources to build alternate economic assets (opportunity cost).

http://www.forbes.com/sites/timworstall/2016/10/09/hurricane-matthew-damages-at-4-to-6-billion-yes-this-will-increase-gdp/#65a485759266