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About LinkBacksnormally I would agree but if they learn something from him the country might actually be rescued
normally I would agree but if they learn something from him the country might actually be rescued
"Sometimes the best thing a government can do is simply get out of the way"-Vince Cable
Originally Posted by Oldira1
What civil servant is addressing the Fianna Fail meeting ???
Were we not a small open economy during the boom? Why were costs not contained then?
Government policies I think.
He's not a civil servant in the traditional sense, more a paid gimp of the Fianna Fail party.
Paid for with your money of course
He's not a civil servant.He's not a civil servant in the traditional sense, more a paid gimp of the Fianna Fail party.
Paid for with your money of course
Whatever he is, he's giving us a bit of a contradiction. On the one hand, he says we shouldn't leap at fiscal stimulus because we can't afford it and it wouldn't have the desired stimulatory effect anyhow.
On the other hand, he is one the chief architects of a bank bailout that we can't afford and, since the banks are fixing their balance sheets rather than lending, isn't having the desired stimulatory effect.
No doubt there was a scrum of Fianna Fáil TDs to put that point to him.
And I imagine they followed up by asking if various tax reliefs and incentives - some still in operation - can be said to suffer from the same failings.
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Is there a bank bailout that we can afford?
A demagogue is someone who will preach doctrines he knows to be untrue to men he knows to be idiots.
is there a non bank bailout we can afford.
"Sometimes the best thing a government can do is simply get out of the way"-Vince Cable
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