Tuesday, June 17, 2008

Confidence in the Iraqi economy

A Jim Michaels-bylined headline at USA Today notes:

Foreign firms investing in Iraq
This, I believe, is the next best thing to the international involvement of other governments helping to secure Iraq. As happened in the United States, "it's corporations, not government, that drive many big social changes."

Michaels notes this new involvement couldn't have happened if the violence level hadn't decreased. Things are, quote-unquote, changing in Iraq.

I do disagree with "the Pentagon official who is leading U.S. efforts to help Iraq rebuild its economy" who says that companies from the U.S.:
"may also be reluctant to invest in Iraq because the war has generated so much controversy at home."
Dollars are dollars. If so, other countries' populaces would be objecting to their companies helping in the effort.

No comments:

Add to Technorati Favorites