one more reason why we win
One thing about the war on terrorism that no one can deny is that in the days, weeks and months immediately following the 9/11 attack, it became clear that Osama bin Laden and his odious al Qaeda organization had miscalculated badly in predicting the United States reaction. Even during the attacks themselves, passesngers on the fourth aircraft, informed of the hijackers' intentions by cell phone calls, fought back, and the plane never reached its intended target, although all aboard were killed.
This article displays the kind of indomitable American spirit that OBL failed to consider, or brushed aside as myth. On the very day of the attacks, realizing that the blow would be felt throughout the American economy, executives at General Motors overcame their horror and grief to spark an idea that many credited with helping boost the entire economy--zero-percent auto financing.
Within days Ford, the Chrysler Group and others followed GM's lead on zero-percent financing. The result: October 2001 would be the best sales month in U.S. auto history. Nearly a year later, more new vehicles are being sold than even the rosiest forecasts.
While nearly every other major industry -- retail, construction and banking to name a few -- sputtered following Sept. 11, the auto industry soared.
"I think everyone in Detroit should be proud about what Detroit did. I think automakers saved the economy from a deep recession," said Anthony Chan, chief economist for Bank One Investment Advisors in Columbus, Ohio. "Other industries, kind of inspired by the automakers, copied them and offered deals on their products. The U.S. economy is stronger today because of what the automakers did."
(My apologies; I've lost the referring URL)