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Do you think our economy would be fine and dandy and there would be many Bush-haters if 9/11 had never happened?

Do you think 9/11 contributed to the economic probs?

Why or why not?

Answer Question
 
Anonymous

Asked by Anonymous at 7:43 PM on Nov. 24, 2008 in Politics & Current Events

Answers (26)
  • Yes! We had a president who told us to go out and spend and we did.
    Anonymous

    Answer by Anonymous at 7:45 PM on Nov. 24, 2008

  • what do bush haters have to do with 9 / 11? geeze i feel drama coming on .. lord we must be in jr debate tonight
    Anonymous

    Answer by Anonymous at 7:45 PM on Nov. 24, 2008

  • I did not want Bush in office before or after 9-11 I do think it contributed because everyone was so afraid and had no problem with jumping into a war that had no point.

    Anonymous

    Answer by Anonymous at 7:50 PM on Nov. 24, 2008

  • I feel that a majority of our economic problems were caused due to the cost of fuel. Whether or not that was caused by Bush, directly or indirectly, you have to admit that it did. Since gas has gone down, our economy has picked up, even if it is only a little. All economic issues aside, I don't think I would have ever truly respected Bush as much as other Presidents. There's just something about him that's slimy to me.
    KatieBatey

    Answer by KatieBatey at 7:56 PM on Nov. 24, 2008

  • I believe the poor economy is due to several things. First off, oil. OPEC decreased production. That's why gas prices increased. Their call, not ours to make. 2nd the war in Iraq. Right or wrong it has to be paid for. It's costly. 3rd government loans. (ie HUD, Sallie Mae, etc). During the Clinton administration the government decided to make it possible for people who couldn't normally purchase a house, be able to buy one. It's catching up with us now. Too many defaults on loans. Probably because of the increase in gas prices and taxes. (cont.)
    pinkink

    Answer by pinkink at 8:13 PM on Nov. 24, 2008

  • (cont.) Currently our government is loaning money to all these banks so that they don't forclose and totally collapse our economy and life and as we know it. In the mean time, the more money they loan, the lower the value of the American dollar. Making our economy worse. It increases the cost of everything. 4th - Obama will be President in January. Many businesses are preparing for the expected tax increases by laying people off. Not slamming Obama, just stating a fact. I believe these are all the major reasons contributing to the poor economy that exists at this moment.
    pinkink

    Answer by pinkink at 8:13 PM on Nov. 24, 2008

  • This is an interesting question...many conspiracy theorists and terror analysts have suggested in the past that the true attack on our country would be at the core.,..the infrastructure of what our system of freedom is based...and that is essentially our free market and capitalist focus on the economy. Our country has always been known as the land of opportunity...people from all countries, religions, walks of life etc have flocked to the US for decades in pursuit of the "American Dream".

    Now take a look around you...what has happened to our land of opportunity? Who know feels their dream coming true (or at the very least, perhaps being in danger).

    happymom612

    Answer by happymom612 at 8:23 PM on Nov. 24, 2008

  • Sept 11 had nothing to do with the economy. Bush is a bad president because of his bill due to oil and gas lobby and his inability to lead past his religion. One has nothing to do with the other.
    Fiveofakind2

    Answer by Fiveofakind2 at 8:33 PM on Nov. 24, 2008

  • The economic situation is a result of bankers being forced to provide housing to minorities and lower income buyers when the risk was too high. Also because of people who took advantage of ARM's when they knew they could not afford the higher rates they would eventually see. And because of hedge fund managers and investment firms who hedged the paper on the bet they would make money on the real estate investment loans. When the note came due, nobody could pay it. Not the owners of the homes, the original loans, or the hedge fund managers that bundled it. Thus creating a great downfall and poor consumer confidence. Then gas prices hit us.
    akinbottom2

    Answer by akinbottom2 at 9:57 PM on Nov. 24, 2008

  • Next, Obama stated he would tax the wealthy and the wealthy decided to teach him a lesson by creating an intentional obama recession. They started pulling their money from the markets in Sept. and continued to do so as they saw him leading in the polls and then again after the election. When the wealthy have to pay higher taxes on capital gains, they simply remove their money from the pool to avoid the tax and just wait. They can afford to wait. Obama stated today he would " allow the previous administrations tax laws to remain in effect thru 2010" and the market went up 400 pts. Coincidence? No. They bought low today because they now have 2 more years to make money under Bush's tax laws for capital gains.
    akinbottom2

    Answer by akinbottom2 at 10:00 PM on Nov. 24, 2008

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