shrub blames the economy on 9/11

[cornfedyank]

with respect R.I.P.
If the economy is so whatever that if can not just stop for a bit to bury the dead, then it's in trouble.

[Sleepless In NY]

1. wasnt he blaming 9/11 on the loss of jobs? I have a question

please forgive my ignorance if this is incorrect. Bush has lost more jobs than Hoover, correct? Yet FDR & Truman went thru Pearl Harbor & WW2, and they didn't lose as many jobs, as bush? If so, bush certainly cant use 9/11 as an excuse for unemployement, can he? Thanks!

[theorist]

3. It's complicated.

9/11 actually should have created jobs in the short term, due to the increased spending in the security sector.

It's difficult to compare job records between Bush and Hoover. Over 70-odd years, things change considerably, but it is telling that Bush is the first president, since Hoover, to have a net loss of jobs during his presidency. Even if you add in the jobs created during Bush41's presidency, the number is still negative.

[cornfedyank]

4. nobody did anything but work during WWII.. back wages helped the late boom

shrub et al can not blame the lose of jobs that pay a living wage on an economic hiccup 3 years ago. Today's largest employer is wal-mart. Twenty years ago it was general motors. What does that mean?

I do not mean that we should make buggy whips forever, but better use can be made of America's talent..

[Frodo]

6. Not "worse than Hoover" - Just worse than every President SINCE Hoover.

Quite a company to be in.

[theorist]

2. It's called a flip-flop.

From Lee Price's commentary on the subject:

After the attacks, policy makers from the President on down exhorted the American people to continue to live their lives and go about their daily business – with added care and vigilance, to be sure, but without yielding to fear. They said that to do anything else would be to hand victory to the terrorists, who wanted the blows they struck to resonate through the economy. Two years later, it seems that the people took that advice to heart. Although the current economic picture is not as strong as any of us would like to see it, the people did not succumb to fear and the impact of the acts of terror on the economy have faded.

-----

But the point of this short piece is to challenge the idea that 9/11 had a widespread effect, short term effect on the economy.

[cornfedyank]

5. thanks for the article

the economic thing that bugs me most is spending good resources on non productive things. That's why i say "wage peace it has a better return".

[Yavin4]

7. We've Had Worse Things Happen To Us Than 9/11

We've had two full wars, Korea and Vietnam. We had the Cuban missle crisis. We had the on-going Cold War. We've had out of control inflation. We've had oil shocks. We've had a stock market crash. We've had earthquakes, hurricanes, floods, volcano eruptions, tornadoes, and a terrorist attack in Oklahoma City which also killed a lot of people.

YET, through all of that, only Bush was unable to create jobs.

[unblock]

8. shrub congratulates terrorists on highly successful attack

the more he boohoohoos that 9/11 changed us and damaged us, the more he's giving credit to the terrorists, the more he's congratulating them, the more he's rewarding them by touting the magnitude of their successful attack.

this guy is disgusting. he should be saying it's just a flesh wound, didn't really hurt us at all, in fact made us stronger. but no, he's got to go selling to terrorists how easy it is to damage our economy to the tune of hundreds of billions for years after a single attack.

[porkrind]

9. I blame the economy on incompetent corrupt criminal mismanagement

He got the date wrong. It should be Nov 2, 2000.

[F.Gordon]

10. What he is saying now, what he said then.....

We have -- this country went through a recession. And as we were coming out of the recession, we got attacked. And make no mistake about it, that attack hurt our country's economy. It also -- you'll hear me talk about how it affected my view of national security, as well. It hurt.

Our country was just coming out of the recession, when the devastating attacks of September 11th occurred and revelations about corporate accounting scandals further weakened the economy.

But on September 7, 2001:

The unemployment numbers today are evidence that I've seen firsthand as I travel the country; and that is, too many people are losing their jobs as a result of a slowdown that began when Dick and I were campaigning across our country last summer. This slowdown is real and it's affecting too many lives and we're concerned about it.

They "talked down" the economy for a year. When they saw that their "blueprint" wasn't going to work they continued talking down the economy.... pushing for the tax cuts. Four days prior to September 11, 2001 they were still "talking down" the economy, even though they now say we were "coming out of the recession" at the time.

[smirkymonkey]

11. Economy blames 9/11 on Shrub...