American Attitudes about September 11th

We were attacked from more than one angle on that day.

The economic consequences of September 11 were that many people lost their source of income across the land. Father's that had to make child support payments were left with no means in which to take care of their children. People who were getting ready for retirement were forced to look at working for another five years to guarantee their pensions. Consumers were afraid to spend money in fear that they would lose their jobs, and not be able to make rent. The economy seemed to come to a halt.

However, Bin Laden was wrong. Not only was he wrong about our sprit as a nation, but also about the resiliency of American businesses. Interest rates were dropped by the Federal Reserve, which in turn, boosted consumer interest. Automakers completely got rid of their interest rates by going to the zero percent financing, in order to allow people to purchase new cars. Everything American companies did to convince consumers to spend money boosted the economy.

Analysts now are saying that, perhaps, we were not even in a recession. The stock market is climbing higher than it was before the attacks! This is proving that Bin Laden


 
 
 
 
 
 



972
4
 
 


 
Join Now
     
  Get instant access to over
85,000 Term papers and
Essays.
 
     
 
 
     
 
 
Saved Papers
 

Save your essays here so you can locate them quickly!


 
 
 
Testimonials
 
 
"I got the best grade I've ever gotten A+"
Mary P.
 
"This information was helpful and easy to find."
Kris DD.
 
"This site is so helpful! You have opened my eyes to learning thank you!"
Karen F.
 
"I liked the information that you gave to me because it helped me do a analytical essay for this short story and i give it a 10/10 =) "
Dave M.
 
"it really helps me get different point of views on some essay subjects."
Steve D.
 
 
 
 
 
 
Home | Custom Essays | Join | FAQs | Support | Acceptable Use Policy
 
All papers are for research and reference purposes only!
Copyright © 2002-2014 RAD Essays.com. All Rights Reserved. DMCA HMS