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The Price of Terror
ResumeThe September 11th attacks may have been a symbolic strike against the emblem of American economic might, but the overall result has been a direct hit on the economy itself. Many shoppers are avoiding the malls, and, with the current anthrax scare, many now fear shopping online or through catalogs. The travel industry has taken a big hit, and a recession, a possibility two months ago, now seems like a foregone conclusion. Have the terrorist attacks exposed how vulnerable our economy really is? Can anything be done to recover from this economic shock?
Guests:
James Surowiecki, Columnist for The New Yorker;
Robert Reich, former U-S Secretary of Labor
This program aired on October 23, 2001.