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It's the all-purpose excuse, used particularly for unemployment and deficit spending... It's very hard to convince people of what could have happened in spite of 9/11 if the policies had been reasonably responsible; they will insist that 9/11 caused the problems, and since we can't go back in time and do it over, it's difficult to convince them.
Another way to go at it, though, might be to suggest what Bush did NOT do that he could have done -- asking for sacrifice, for example, in terms of oil conservation; in terms of doing without tax cuts to help fund the new "homeland security" and military expenditures; in terms of holding corporations to some level of responsibility to keeping jobs here, etc... That keeps the argument away from discussing what would have happened if he had not done what he DID do...
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