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Is the Media Tide Turning
09/27/2003

Hey, check this out:

Peter McPherson, the man who headed the U.S. economic reform effort in Iraq, said Friday that he believed the economic situation in Iraq has now stabilized but he conceded that it will be some time before the country can resume significant levels of economic growth. ...

McPherson said the 20-person U.S. economic team had been able to put policies in place to bolster Iraq's currency, get the nations' banks reopened and establish a trade bank to support critically needed imports.

In addition, he said, the U.S. occupation forces are having success in restoring electrical production and oil production has increased to around 1.9 million barrels per day, the highest it has been since before the U.S.-led invasion earlier this year.

Between this and the somewhat tempered news about that Census poverty report, I'm starting to feel a bit like the sun is rising after a long, dark media night. (Hope it's not just a truck coming over the hill.)

Posted by Justin Katz @ 12:29 AM EST