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To: Wil H
Iraq is a crippled nation growing on the financial equivalent of steroids, with money pouring in from abroad.

Reading between the lines will reveal the "catch" to this story.

Iraq's "strong economy" is the equivalent of an urban sh!t-hole in the U.S. where unemployment is low and per-capita GDP is astronomical due to heavy police activity, heavy demand for prison guards, excessive demand for energy to power the electric chair, robust construction and building materials sectors as vandalism requires endless reconstruction/repair of buildings, etc.

8 posted on 12/18/2006 12:57:54 PM PST by Alberta's Child (Can money pay for all the days I lived awake but half asleep?)
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To: Alberta's Child

Of course it's not like our good economy, but it is interesting that this good news for Iraq is even allowed in the press here.


21 posted on 12/18/2006 2:15:14 PM PST by amutr22 (Remember....Friend's Don't Let Friends Vote Democrat!)
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To: Alberta's Child

Do you discount capitalism completely?

I read something somewhere that asserted there were a few thousand requests for new businesses between 1972 and 2003 in Iraq, but since then, there have been something like 30 or 40 thousand applications. (I could be wrong on the precise numbers, but the difference was equally staggering)

Capitalism works nearly everywhere it is tried, and the less government influence, the better it works.


22 posted on 12/18/2006 2:15:27 PM PST by rlmorel (Islamofacism: It is all fun and games until someone puts an eye out. Or chops off a head.)
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To: Alberta's Child

Isn't this post about Iraq not New Orleans?


And yet with this growth, it will soon be a more affluent sh$*# hole than every country around it.


34 posted on 12/18/2006 5:41:46 PM PST by sgtyork (Prove to us that you can enforce the borders first)
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To: Alberta's Child

Yeah, we should just let government regulate everything, like they pretty much do here in the US.


40 posted on 12/20/2006 8:25:33 PM PST by Extremely Extreme Extremist (Why can't Republicans stand up to Democrats like they do to terrorists?)
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