[PEN-L:28705] Post9/11 'Screw-up of economy"?

[Hari Kumar <hari.kumar@xxxxxxxxxxxx>]

ORIGINAL: "The Soviet Union is not a fair test of planning.  We have
been over that before.  The threat from the Cold War was a lot more
serious than the terrorist threat to the US.  Look how the post 9-11
policies have screwed up the economy." Michael Perelman Economics
Department
QUESTION: Perhaps I am being ridicoulously naive, but how exactly did
post 9/11 policies 'screw up the economy"? I mean what was radically
different in economics post 9/11? Yes there was a new imperialist war
led by the USA - not new. Yes there has been a sea change in appraisal
of tech stocks - not necessarily new. There has been protectionism - not
necessarily new. I certainly fully agree with the comments that the Cold
War imposed quite some constraints on the Soviet public.
H