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Politics : Politics for Pros- moderated

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To: LindyBill who wrote (33626)	3/10/2004 2:08:11 AM
From: KLP	of 793904

Economy on the Rise in Iraq (perhaps the LA Times reporter will have to get out more, and stop believing the party line....i.e. U.S. Mission in Iraq May Be Vulnerable at Home Economy on the Rise in Iraq Wednesday, March 10, 2004 foxnews.com BAGHDAD — It’s the Iraq (search) you don’t hear about, one with falling unemployment, rising wages, lower interest rates and higher foreign investment. While the war-torn country is still struggling politically, economically it’s taking off. Businesses are opening, shops are full of merchandise and there’s a lot of hiring and investing going on. The transition to a free-market capitalist system is underway. Not long ago, the picture was very different, with unemployment rates at 60 to 70 percent. U.S. coalition officials brought in American contractors and began privatization across Iraq. One water treatment plant employs 350 new workers. U.S. and foreign aid are turning Iraq into a massive public works project, and while the nation isn’t yet a model of private enterprise, the work done to date has given many Iraqis a better life.

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