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Sept. 11 Aftermath Highlights U.S. Strengths and Weaknesses |
Let’s consider a few examples.
The economy: an Achilles’ heel
America’s
economic system has been a great strength for most of its history. Except
for a few hiccups–most notably the Great Depression of the 1930s–the
free-
enterprise system has served America well, making it the world’s most
successful economy. But its very success and sophistication also make it
vulnerable. The economy
is built on many things, chief among them confidence.
Confidence was waning even before Sept. 11. The dot-com bubble had burst, and the stock market was wobbling even before George W. Bush entered the White House. The warning signs of impending trouble were already there.
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