NEW YORK (PNN) - October 31, 2012 - Atlantic superstorm Hurricane Sandy may plunge the Fascist Police States of Amerika economy further into the Second Great Depression, as it keeps millions of employees away from work and shuts down businesses from restaurants to refineries in one of the nation’s most populated and productive regions.

The storm may cut output in the world’s largest economy by $25 billion in the fourth quarter, according to Gregory Daco, a FPSA economist at IHS Global Insight. He said that could reduce the fourth quarter pace of growth to a range of 1-1.5%, from the firm’s earlier estimate of 1.6%.

The storm may reduce gross domestic product by as much as 0.2% this quarter, said Mark Vitner, a senior economist at Wells Fargo & Co. in Charlotte, North Carolina. He said the cost in lost output may come to about $30 billion.

The physical damage wrought by Sandy is poised to exceed $20 billion after the storm slammed into the east coast, damaging homes and offices and flooding the New York City subway system. The total would include insured losses of about $7-8 billion, said Charles Watson, research and development director at Kinetic Analysis Corp., a hazard- research company in Silver Spring, Maryland.

Combined economic results could increase total losses to $30-50 billion, according to estimates by Daco and colleague Nigel Gault at IHS.