Friday, January 8, 2010

FOXNews.com - Fears of Terrorism Could Worsen Already-Shaky Economy, Analysts Say

FOXNews.com - Fears of Terrorism Could Worsen Already-Shaky Economy, Analysts Say: "With the U.S. economy showing signs of continued weakness and with the country still reeling in the wake of the Fort Hood massacre and the botched Christmas Day airline attack, economists are raising concerns that a 'third strike' -- another terror attack in the U.S. -- could deal a crippling blow to the nation's economic recovery.

Political analysts and economists say President Obama's announcement on Thursday that the government will strengthen a flawed national security system was of vital importance for Americans who wanted reassurance that protecting the nation is a top priority for his administration.

'If the administration did nothing, that would heighten fear, and that could lead to a problem,' said Adam Rose, a coordinator for economics with the Center for Risk and Economic Analysis of Terrorism Events at the University of Southern California."

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