Why the Bear Will Lose Its Bite

As the war winds down, Bush will get help fixing the economy. Here's how

Stephanie Harkness cheered the fall of Baghdad last week for more than patriotic reasons. As CEO of Pacific Plastics & Engineering, a medical and biotech equipment-parts firm in Soquel, Calif., she has been waiting for customers to give her the go-ahead on four large orders. In one case, she says, "they have the money in hand but have been saying they're not willing to make an investment until they know how the war is going to play out." Now that things are clearer, says Harkness, "I expect a flood of new projects."

If Harkness is proved right--and there's good reason...

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