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Iran: It’s The Economy Stupid

by | 10th, May 2007

IRAN will be wanting those Man At Ahmadinejad suits back. The ecomony is in a state. Not all of that oil money goes to the people. Really it does not. This from StrategyPage

The biggest source of discontent in the country is economic. Inflation is about 18 percent and the unemployment rate is moving past 30 percent. Since Ahmadinejad took over, the price of oil has skyrocketed, bringing in lots more money, yet the Iranian GDP growth rate has dropped from four percent a year, to three percent. As a result, the average Iranian is worse off than before. Ahmadinejad promised to spread the oil wealth around, but that has not happened, and most Iranians are not happy. Ahmadinejad and his politically correct attitudes are the cause of the spreading poverty. Ahmadinejad has taken action, but mainly to halt economic activity with the outside world, which he considers largely hostile to Islam. Ahmadinejad wants Iran to be self-sufficient, like North Korea. You get the idea. So do most Iranians, and they are not happy about it. But they are still not willing to fight to change it.

Look out for those Ahmadinejad suits becoming the new official garments. Remember Mao…



Posted: 10th, May 2007 | In: Reviews Comment | TrackBack | Permalink