"Yes it analagous."


No it not. [img]/images/smile.gif[/img] [see my previous post]


"terrorist attacks could hardly be characterized as changing market conditions"


As I pointed out, many businesses have experienced reduced demand (i.e., changed market conditions) following the attacks. Should we put them all on the welfare roles?


Terrorist hijackings are part of the risk assumed by the airline industry. However, I would not as strongly object to donating a small amount of my tax money to compensate for their lost revenues for the three-day period that airports were closed(assuming this is not covered by their insurance).


"we don't have a purely free market economy. We have a mixed economy (mix of free markets and planning)."


This is certainly true. Perhaps we would not be in a recession if our economy had more freedom and less "planning" (i.e., socialism).