Monday, September 11, 2006

September 11's Economic Legacy / Business Week, 10 Sep 2006

http://digbig.com/4mtqr
Chris Farrell
"We must fight terror, but we can't allow the politics of fear to erode the economic vibrancy that depends on the free flow of talent and trade. After September 11, the economy spiraled lower, and profits in a number of industries cratered, including airlines. The subsequent wars in Afghanistan and Iraq also took a toll on business and consumer confidence, as well as the fiscal purse. Nevertheless, five years later the economy is in remarkable shape. In the immediate aftermath of the terrorist assault, with dark clouds of dust enveloping New York City and the New York Stock Exchange shuttered until Sept. 17, who would have guessed that great prosperity would follow?"