U.S. Restarting Iraqi Factories

David Axe | May 21, 2007
Four years after the disastrous decision by the U.S.-led provisional authority to instantly privatize all Iraqi state-owned industries - a move that resulted in the failure of many factories and, consequently, 50-percent unemployment in much of the country - an American Defense Department task force is finally launching a concerted effort to re-open idle Iraqi plants.