ECONOMICS AND WAR: The Economic Impact of the War on Terrorism
3,536 views · Published 30 August 2011 · 5:58 · Indexed 8 November 2026
Channel: Hoover Institution · 2011 · News & Politics
The September 11 attacks in New York and Washington have already cost America thousands of lives and billions of dollars in damages. But those are only the direct costs. How severe and how lasting will the impact be on our economy as whole? And how will new burdens on the federal government, including a military buildup and a bailout of the airline industry, affect fiscal policy? Should the government cut taxes or increase spending to get the economy moving again.
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