As we have discussed before, creating a productive, capitalistic economy is key to long term success here.
The top U.S. administrator in Iraq warned Sunday that conditions in Iraq may get worse before they get better.
New attacks killed another U.S. soldier and set ablaze an oil pipeline outside Baghdad.
L. Paul Bremer III, the head of the Coalition Provisional Authority, told Arab leaders that more Iraqis will lose their jobs, government subsidies will be cut and agency budgets will be slashed to make Iraq ready for competitive markets.
The lack of paychecks and work could breed continued unrest in the short term, Bremer said, but the changes are necessary to gut the corrupt former Baathist government and rebuild Iraq with a free-market economy.
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