So How Goes Bin Laden's War on the U.S. Economy?

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a year later....

"No luck so far, despite bin Laden's recent videotape ravings about our taxes and mortgage debt. Although the towers came down, the resilient American economy didn't."

i guess his guess changed then.

Jammy Misskick of KY @ Oct 28, 2008 14:57:01 PM

What now?

Maybe you want to rethink this one year later?? We are our own worst enemy.

Gary of PA @ Oct 09, 2008 11:01:09 AM

What do you think now?

Seems like he's winning now

Bill of MT @ Sep 27, 2008 12:28:48 PM

Differences...

What is the difference between Bin Laden and George Bush? Bin Laden has an Civil Engineering degree while Bush has a History degree? I know you are asking what does that matter. But Engineers are taught how to change things and History students learn about those things that have changed. What a difference 4 years makes. It looks like the terrorists are winning the War while Bush thinks we have won the battle and is still thinking the economy is "still structurally strong". One year later, from your article unemployeement is over 7% and we just lost a few major financial institutions (Bear Stearns, Lehman, Merril Lynch, Fannie Mae, and Freddie Mac). Just like the stock market fall in 1999, the real estate market had all the tell tale signs that it could not maintain its current rate years in addvance but nobody listened, you included. The real estate market was starting to show signs of crashing when you wrote this article but you failed to recognize the the signs because you couldn't see the underlying drvers of the economy like an engineer, you prefered to be like George and look at past history. Duhhhh, if it has gone up every quarter for the last 23 quarters it must continue to go up. duhhhh. Sorry but BIn Laden is winning the War and we are too stupid to realize it.... Just like what Bin Laden said from your article,"If their economy is destroyed, they will be busy with their own affairs rather than enslaving the weak peoples. It is very important to concentrate on hitting the U.S. economy through all possible means." We have lost sight of who is our worst enemy, Bin Laden or Hussain. Bush chose Hussain because of the history of his Father not because of the possible future consequences. Bin Laden is winning because he sees long term and he understands macro economics....

duhhhh. of PA @ Sep 16, 2008 18:49:02 PM

Bin Laden is WINNING, FOOL

Ask your question again -now in 2008- and let me watch that stupid smirk disappear from your American war-criminal face.

Osama @ Jul 29, 2008 21:00:31 PM

LOL

I'm sure this will get scrambled too.

What a crock of you know what!

the U.S. economy's 2001-2008 performance: recession, followed by one of the weakest recoveries since World War II, followed by another slump that technically isn't a recession yet. When President Bush leaves office, Krugman says, the U.S. economy will have created five million jobs, not nearly enough to keep up with population growth. By contrast, 22 million jobs were created during the Clinton Administration.

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Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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