American Economy after September 11th
"Every president is dealt a hand of cards," said John Shoven, a Stanford University economist and senior fellow at the conservative Hoover Institution. "Bush inherited a pretty tough hand."
When President Bush took the office in the year 2000, things were moving smoothly on the surface. Undercover there was havoc. Tragedy of September 11th shook the world but it shook the US most.
Technically speaking, one would say ofcourse it rocked the US, after all it did happen in US. But if truth be told things went downhill instantly. US economy was affected the most. With the twin towers erased from the surface of the country and economic records in the form of ashes- only the wisest of the wise could have pulled the country back from meeting its fate. But with the blessings of the current president, the country met its downfall soon.
Facts and figures are clearly given in David Lazarus's report which appeared in the San Francisco Chronicle......
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