@Finn dAbuzz,
Quote Finn:
Quote:Regardless, and for the last time, the point I was making was that the impact of 9/11 was greater than the deaths and injuries alone.
Actually, your point was that 9/11 prolonged a recession for two years. And the evidence that it did is sorely lacking. Yes, the airline and travel industries were affected, but they are not that big a part of the economy to be able to prolong a recession all by themselves. For instance, the air transportation industry is only 0.45% of the GDP and it only went down 15% the next year.
Fact is, the stock market opened a week later, most of the stock and bond trading was taken up by other companies in New York, and New York really didn't get hurt that bad financially. If 9/11 was the cataclysmic
economic event that so many Republicans try to claim, the situation in the financial center, New York, would have been much, much worse for it to filter out to the US as a whole.
You are engaging in a conservative myth.