How 9-11 Changed The Economy
9/11 Was a terrible day for all Americans. Not only did it hurt and kill many people but it changed the way of Americans. 9/11 changed the economy. Ten years after the attacks the financial structure of the United States is much worse. Household credit, government debt, and employment rate have crashed.
The impact of 9/11 tried to destroy any unity of fiscal discipline in Washington. There is much more federal deficit and government involvement in the economy.
Another consequence of the war in that our dollar is weak. No one wants a weak dollar. Instead of spending money on the war we could have used that money to rebuild crumbling infrastructure.
After ten years the markets have regained a little bit of normalcy but the disaster has exposed the vulnerability of the United States financial system.
There is no doubt that even ten years after the 9/11 attacks the financial structure of our country is much worse than it was before the attacks in 2o01, from household credit, mortgage debt, government debt to fewer people employed...the U.S. is much worse off than before 9/11.
The impact of 9/11 tried to destroy any unity of fiscal discipline in Washington. There is much more federal deficit and government involvement in the economy.
Another consequence of the war in that our dollar is weak. No one wants a weak dollar. Instead of spending money on the war we could have used that money to rebuild crumbling infrastructure.
After ten years the markets have regained a little bit of normalcy but the disaster has exposed the vulnerability of the United States financial system.
There is no doubt that even ten years after the 9/11 attacks the financial structure of our country is much worse than it was before the attacks in 2o01, from household credit, mortgage debt, government debt to fewer people employed...the U.S. is much worse off than before 9/11.