July 25, 2003

silhouette3.JPG From the desk of Jane Galt:

And now for the good news

Here's some nice news out of Iraq from the Wall Street Journal's Washington Wire:

Despite chaos and casualties, confidential documents detail plans to "permanently reduce or zero-out tariffs" and prepare for talks next year to get Iraq into the World Trade Organization. U.S. administrators want to begin small-scale privatization by October and to build an "investor-friendly tax system" by January.

Posted by Jane Galt at July 25, 2003 11:10 AM | TrackBack | Technorati inbound links
Comments
Posted by: James Joyner on July 25, 2003 11:33 AM

Cool. Maybe they can then get one going in the US?

Posted by: David Thomson on July 25, 2003 2:41 PM

Ironically, it might indeed be easier to accomplish in Iraq than in the United States! The former nation is essentially starting from scratch. We, on the other hand, are unfortunately mired in decades of protectionism and New Deal legislation.

Posted by: Jason McCullough on July 25, 2003 2:41 PM

Iraq gets to be the supply-sider's sandbox. This should be amusing.

Posted by: Jane Galt on July 25, 2003 2:58 PM

I don't think that privatisation and joining the WTO are notions exclusively the province of conservative radicals, Jason.

Posted by: datarat on July 25, 2003 3:13 PM

Yes Jane, but it's hard to put a lucid argument into 12 words.

Scorn and derision fit nicely, though.

Posted by: John Thacker on July 26, 2003 2:30 PM

I'm a bit surprised I haven't seen more comment on blogs about the House passing the free trade agreements with Chile and Singapore. Perhaps we'll hear more after the Senate does, or after the deals become law.

There's another round on the proposed free trade deal with Central America, also.

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