Friday, August 1, 2008

Get Iraq's Economy Back on its Feet


John McCain believes that economic progress is essential to sustaining security gains in Iraq. Markets that were once silent and deserted have come back to life in many areas, but high unemployment rates continue to fuel criminal and insurgent violence. To move young men away from the attractions of well-funded extremists, we need a vibrant, growing Iraqi economy. The Iraqi government can jump-start this process by using a portion of its budget surplus to employ Iraqis in infrastructure projects and in restoring basic services.The international community should bolster proven microfinance programs to spur local-level entrepreneurship throughout the country. Iraq's Arab neighbors, in particular, should promote regional stability by directly investing the fruits of their oil exports in Iraq. As these efforts begin to take hold in Iraq, the private sector, as always, will create the jobs and propel the growth that will end reliance on outside aid. Iraq’s government needs support to better deliver basic services—clean water, garbage collection, abundant electricity, and, above all, a basic level of security—that create a climate where the Iraqi economy creation can flourish

Economic plan of McCain

John McCain has a comprehensive economic plan that will create millions of good American jobs, ensure our nation's energy security, get the government's budget and spending practices in order, and bring relief to American consumers. Read each of the sections below to learn how the McCain Economic Plan will help bring reform, prosperity and peace to America.