Friday, July 22, 2005

DON'T LOOK FOR ECONOMIC MIRACLE IN GAZA

Anticipating Withdrawal - Martin Peretz
The brutal forward history is that Gaza will remain backward, even though a group of American investors will invest between $300 and $500 million in its industry. To be sure, the EU and the U.S. will invest, too, and make loans, and even insist on the probity of accounting procedures. But a population that has lulled itself into living off the UN refugee dole and blamed all its misfortunes on the Jews for more than a half-century is not likely to stir itself from its misery. Gaza and its miseries, like the miseries of the whole Arab world, are mainly self-inflicted. (New Republic)

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