| A recent decision of a pilot to return to base was | | | | normal shift from one category to another. In the |
| perhaps not a precedent but marks very well the | | | | second case, we will have to pay for it by higher |
| economical problems we are facing with terrorism. | | | | (future) taxes. If government expenditure |
| If we assume that there is only one box of | | | | increases, the (long term) interest rate will have |
| money, then the (extra) amount that is spend on | | | | to rise to attract more capital with which the |
| security will diminish the amount that will be | | | | deficit could be closed or narrowed. |
| available for normal production. | | | | If private companies (airlines) will also increase |
| Airports are (semi) private organizations but the | | | | their security measures we (citizens) will be |
| security level is maintained by the government. | | | | impacted again by an increase in consumer prices. |
| Investment and expenditure for a higher security | | | | This will leave us with a lower purchasing power, |
| level will therefore have to be reserved from tax | | | | which will in the end affect the national production |
| income. This means that there will be less money | | | | level. |
| available for other governmental expenditures. Or, | | | | We should hope, with these two small effects |
| in the case that the government will increase its | | | | together with the increase of the oil price over |
| spending on extra security and leaving the other | | | | the last period, that the war on terror will end |
| categories in tact, then we citizens will be directly | | | | soon. We should also think about a strategy to |
| influenced by this shift. | | | | face this challenge and evaluate previous used |
| In the first case, where governmental | | | | strategies. Because this is only the economical side |
| expenditures remain the same, other categories | | | | effect of terrorism. |
| like healthcare will receive less budget. It is a | | | | |