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(Los Angeles Times) Max Boot - For all the insurgents' attempts to sabotage the Iraqi economy, the Brookings Institution reports that per capita income has doubled since 2003 and is now 30% higher than it was before the war. Thanks primarily to the increase in oil prices, the Iraqi economy is projected to grow 17% next year. According to Brookings' Iraq index, there are five times more cars on the streets than in Saddam Hussein's day, five times more telephone subscribers and 32 times more Internet users. Before 2003 there was not a single independent media outlet in Iraq. Today, Brookings reports, there are 44 commercial TV stations, 72 radio stations, and more than 100 newspapers. 2005-11-25 00:00:00Full Article
Iraq's a Lost Cause?
(Los Angeles Times) Max Boot - For all the insurgents' attempts to sabotage the Iraqi economy, the Brookings Institution reports that per capita income has doubled since 2003 and is now 30% higher than it was before the war. Thanks primarily to the increase in oil prices, the Iraqi economy is projected to grow 17% next year. According to Brookings' Iraq index, there are five times more cars on the streets than in Saddam Hussein's day, five times more telephone subscribers and 32 times more Internet users. Before 2003 there was not a single independent media outlet in Iraq. Today, Brookings reports, there are 44 commercial TV stations, 72 radio stations, and more than 100 newspapers. 2005-11-25 00:00:00Full Article
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