I saw President Bush on TV today. In part of his speech he said that the economy was beginning to pick up and then they hit us (referring to 9/11.01 and Al Qaeda).

Am I completely insane? Wasn't the economy doing great just prior to 9/11/01? I know that 2001 was a record year for my business and 2002 actually did well until the last quarter.

SO please tell me exactly what was President Bush talking about?
I really don't understand.