3 ms·
>Major terrorist acts e.g. 9/11 have a devastating impact on the economy. Citation needed! 9/11 did indeed have a devastating impact on the economy - because
by D_Alex 13y ago
>Major terrorist acts e.g. 9/11 have a devastating impact on the economy.
Citation needed!
9/11 did indeed have a devastating impact on the economy - because of the very poorly thought out response of the Bush administration.
On the other hand, Norway's response to their worst ever act of terrorism was as follows:
Prime Minister Jens Stoltenberg pledged to do everything to ensure the country's core values were not undermined. "The Norwegian response to violence is more democracy, more openness and greater political participation," he said. (from: http://www.techdirt.com/articles/20120724/20363519819/one-year-after-breivik-massacre-norway-continues-to-fight-terrorism-with-democracy-openness-love.shtml http://www.techdirt.com/articles/20120724/20363519819/one-ye... )
Do you think the US would be better off today if they adopted such a policy - instead of the Patriot Act?
- bdcravens 13y agoTo be fair, some of the post-9/11 policies did have an impact. However, don't discount the real effects the attack itself had, before the knee even had a chance to jerk. I was at Sabre (spin-off of American Airlines, owner of Travelocity, creator of travel agency software) at the time, in HR's development group. (Actually that group had been acquired by EDS, but same group, same role, different name on the paycheck) Within a trading day of the attack, they lost 50% in market cap. We went from massive projects to calculate performance based compensation to doing it on a simple spreadsheet. Many lost their jobs, including me.