Negative effects of 9/11
The Flight that Changed America “I felt so much pride, so much love. You get a handful of days like this in a lifetime. Take in every minute. They’ll be over soon enough, and you never know what tomorrow will bring.” This was said by Elliot on September 10, 2001. Little did Elliot know that by saying this quote he was speaking to what the next day would bring. The next day was a day that changed America forever. September 11, 2001 is day no one will forget. Who would have thought that a plane crashing into the twin towers would have caused so much damage? That plane crashing was just the beginning of the downhill spiral of our economy, our national security, and the war on terrorism. The terrorist goal was to destroy the United States economy by abolishing its centers of power: Wall Street, the Pentagon and the White House. They unfortunately successfully hit their first two targets. The closing of the stock market for four days was one of the many signs of our global economic downfall. The stock market hasn’t been shut down since the Great Depression when President Roosevelt closed the stock markets for two days in 1933 to stop bank runs. The terrorist attacks aggravated the recession of 2001. The recession of 2001 had started in March. The recession was officially over in November of 2001, but due to the threats of war the recession continued. This recession led to a debt crisis. Due to the attacks, inflated defense and security spending have come about. (Amadeo). Military spending on the War on Terror meant that less funds were available to boost the country out of the financial crisis and create jobs to reduce the high unemployment rates. Since September 11, 2001 our national security has drastically improved. Many acts have been made due to the terrorist attacks made on America. The USA PATRIOT act is an act to strengthen domestic security and broaden the powers of law-enforcement agencies with regards to identifying and stopping terrorists. This