MQSeries.net :: View topic - 9/11's economic impact. Have you forgotten?

csmith28 · Posted: Thu Oct 07, 2004 7:06 pm Post subject:

All the Lib's and Kerry KoolAid drinkers always want to ignore that asside from the fact that the US Economy started to decline six months before GWB took office the WTC attack had an enormousely adverse impact on the US economy.

Their still isn't a definitive estimate of exaclty how much the collapse of the WTC Buildings impacted our economy and there probably never will be.

Not just the WTC buildings were impacted if you recall. Half a Dozen other structures near the WTC Mall were condemned for months. Some had to be destroyed. Trillions of dollars worth of computer hardware was lost. Billions of dollars worth or data were lost.

Billions of dollars worth of office equipment, desks, printers, copiers, chairs, tables, clocks, pens, paper, PostItNotes, paperclips, file cabinets, phones, head sets, cubicle partitions, scissors, staplers, staple removers, name plates, cables, cords, cable locks, binders, manila folders, mouse pads, coffee cups, pen holders, etc. etc.... all gone.

Financial institutions and corporations scrambling to find new Desk Space to house the displaced empoyees that were that were fortunate enough to have survived the attack. Hundreds of thousands of man hours spent in sometimes vain attempts to recover data that was lost on the hundreds of thousands of Personal Workstations.

All United States Airlines were shutdown for the day. This impacted departure and arrival times for flights Globally. How many man hours were used to reschedule flights? How many Business trips had to be canceled or rescheduled? How many vacations were cancelled or rescheduled? It boggles the mind. Billions perhaps Trillions of dollars.

The New York Stock Exchange was shut down. This impacted all other Stock Exchanges. Again Billions perhaps Trillions of dollars were lost.

Insurance Companies were impacted by this catastrophy as well and many would have gone bankrupt if Bush had not passed legislation to assist them. I am not sure exactly how much 3000 funerals cost. Asside from the funerals were all the insurance equipment on the equipment.

I was working for a Major Credit Card Company at the time and for a solid month after 9/11 I worked 12 to 18 hour days Building NT and Unix Servers to replace the ones that were destroyed in New York. On many of these nights I didn't even go home. I went to sleep on the Data-Center floor.

Then there is the stagering cost of the clean up of the WTC Mall to consider not to mention how much it's gunna cost to rebuild the WTC.

Finally the emotional impact, uncountable hord of people are still in therapy trying to deal with their loss. I don't want to appear coarse but that costs money too.

The fact of the matter is the economy under the Bush/Chenney administration has rebounded quite well. Unemployment rates are at roughly the same level that they were during the Clinton/Gore Administration.

I've heard Kerry whine about the net loss of 1 million jobs a dozen or so time. Odd that unfortunate as that may seem, nobody seems to recognize how insignifigant that is considering that we live in a nation that has a population of almost 300 million give or take a few million not including illegal immigrants.

The deficit is a bit high but we are fighting two wars in the Middle East and assisting the UN in a plethera of Peace Keeping Missions around the world including Bosnia,.... still.

Almost daily I count my blessings that GWB is our President and shudder to thing about what condition the US would be had Gore actually won the 2000 election.
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