In history, we see that tragic events can greatly impact the well being of a nation. Certain scenarios, some to such great stature, can impact the entire world. September 11, 2001 is a day that will be remembered for thousands of years. It is known as the day were 2,977 innocent American lives were lost to the bloody hands of 19 Arabian hijackers in the cowardly terrorist attack of the two World Trade Centers. There is a clear distinction between life in the City before, during, and after the tragic event occurred. Between mourning for the dead and thousands having to find new jobs, the event sent the city into turmoil. Before the attack, the Twin Towers of downtown Manhattan were a “Triumph of human imagination and will”. The construction
…show more content…
A few days after the attack, a different cousin of mine passed away in Arizona. My family continues to tell me stories about how there was legitimately no more than ten people on the plane when we flew to Arizona. They spoke about how security was dangerously intense and there were was no wait throughout the entire airport. Aside from the mental block associated with the attack, the City was greatly affected economically. It has been recorded that the World Trade Center attack cost the city over 143,000 jobs a month and almost 2.8 billion lost in wages only three months after the attack. As a result, almost 70% of jobs in the finance field were lost. Michael L. Dolfman, the regional commissioner of the Bureau of Labor Statists, states, “The effect was centered on the jobs that make New York 's economy unique. We lost the high-paying jobs, the people who pay more real estate taxes, higher sales taxes and support various elements of the economy. ' ' To add insult to injury, New York City had been facing a severe economic decline two years prior to the incident. Being that the city is such a powerhouse, the rest of the country was affected by the attack as well. Production decreased, government spending increases, and overall consumer expectation decreases as well. Ms. Virginia Fields, Manhattans borough president, simplified this ideology by stating “When Wall Street is down, everything dies in the
A few days after the attack, a different cousin of mine passed away in Arizona. My family continues to tell me stories about how there was legitimately no more than ten people on the plane when we flew to Arizona. They spoke about how security was dangerously intense and there were was no wait throughout the entire airport. Aside from the mental block associated with the attack, the City was greatly affected economically. It has been recorded that the World Trade Center attack cost the city over 143,000 jobs a month and almost 2.8 billion lost in wages only three months after the attack. As a result, almost 70% of jobs in the finance field were lost. Michael L. Dolfman, the regional commissioner of the Bureau of Labor Statists, states, “The effect was centered on the jobs that make New York 's economy unique. We lost the high-paying jobs, the people who pay more real estate taxes, higher sales taxes and support various elements of the economy. ' ' To add insult to injury, New York City had been facing a severe economic decline two years prior to the incident. Being that the city is such a powerhouse, the rest of the country was affected by the attack as well. Production decreased, government spending increases, and overall consumer expectation decreases as well. Ms. Virginia Fields, Manhattans borough president, simplified this ideology by stating “When Wall Street is down, everything dies in the