Ireland's Austerity Ireland is being held up as the poster child for austerity measures, they've cut public services wages, raised taxes and cut government spending. Yet Ireland's economy is still in decline. So is austerity working in Ireland? Listen/Download Rear Vision - ABC Radio National (Australian Broadcasting Corporation)
Who gives a fuck, most people here have no idea the rules that Ireland plays by... To determine if austerity would work in Ireland we would have to know their entire political structure, how they regulate, how they don't regulate... taxes, and what cuts they are even doing and what cuts they are not doing. I never like it when people point to another country and say "see, their 4 months of cuts are not saving the country from 100 years of progressive policies!!!!!!!!!!!!!!!!!" Then we find out their cuts are bullshit and they actually spent more. The poster child for cutting should be Harding during the depression of 1920.
Austerity= The people pay large taxes direct to banks for debt that doesn't belong to them (see Iceland) and as a result live in poverty. Coming soon to America.
dear, there are other variables to consider, like an international recession, banking crisis, housing crisis, and sovereign debt crisis. But, of course austerity is working. If the world doesn't deleverage debt problems will get worse and worse until there is a depression. Get it?? When you are drunk you stop drinking (austerity) you don't keep drinking. As a liberal you will lack the IQ to understand.
and the USA. Its the wealthiest country in human history and has had the most austerity or responsible fiscal management, until recently that is. Does Wiseacre dolt somehow imagine expanding debt and government to soviet levels would somehow work to make us richer???
Ed, you are so juvinile. Name calling seems to be your defense of last resort. As I have suggested many, many times, ed you can not point to at time in our history where austerity has worked. Can you, now, ed. Decrease taxes, decrease gov spending, and you get what??? Prove me wrong, ed. But then, you can not. You simply spout con dogma and insult people.