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Israel-Palestine-Jordan
Another Arab Victory
2007-01-03
The Israeli economy continues a three year expansion. While unemployment is still about eight percent, that's a ten year low. The economy was supposed to grow 5.4 percent last year, but only did about 4.8 percent because of the Hizbollah war last Summer.

That conflict devastated the Lebanese economy, cutting GDP by at least five percent. The Palestinian economy shrunk by over ten percent last year because of the continued internal conflicts, and terrorist campaign against Israel.
Posted by:GolfBravoUSMC

#5  This is proof positive that the Zionist Entity oppresses its neighbors.
Posted by: Tony&Ban&James   2007-01-03 23:58  

#4  Don't be silly, PlanetDan. A small percentage of the wads of cash go to finance the Little Jihadi Summer Camps emplaced throughout the West Bank and Gaza Strip. The young lads learn all sorts of useful skills and amusing games that will be terribly helpful as they make their way from downy youth to expanding red mist.
Posted by: trailing wife   2007-01-03 21:46  

#3  10% shrinkage has a ways to go to catch down to Zimbob's benchmark...but it's a start.
Posted by: Phineter Thraviger   2007-01-03 17:03  

#2  A misunderstanding. They're assessing the economy in terms of jobs and GDP. Clearly, there are wads of cash in Gaza, all being spent on weapons (not infrastructure, services, job creation, education . . . or anything remotely associated with a vital society or a society that strives to be).
Posted by: PlanetDan   2007-01-03 16:23  

#1  5% GDP drop over the 30% Shiite Territory > 15% drop. Sucks to be Hizzbie.
Posted by: ed   2007-01-03 15:30  

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