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Time to Sell off the Irish Economy?

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  • 24-11-2002 5:28pm
    #1
    mike65
    Closed Accounts Posts: 88,978 ✭✭✭✭


    Did anyone see the article by Damien Kiberd in today Sunday Times? It remarked how this country is little more than a branch line of the US ecomony and how the state has willfully misspent the US multinational wealth of recent years.

    I'll just quote a couple of sections with slight editing-
    Our neighbour supports a population of 60 million, yet dispite cheap money and a population of 4 million, the children of middle class Irish families are consigned to live in little more than hovels.
    The Irish who built London and New York cannot build affordable housing for thier own children.

    The project of the Irish republic which is just 80 years old, has now been more or less eliminated from the popular immagination. We have handed over public finances to the EU and dynamics of the ecomomy relies on the US. Dial Eireann is little more than a local council so why not go the whole hog and open up ourselves to the vageries of capital markets? Let the multinationals build out infrastructure and hospitals, we have thier customers they have the money. In terms of value for money they could'nt do any worse than we have.

    While pure capitalism as put in the article is'nt either desirable or likely I understand Kiberds frustation.

    Mike.


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    #2
    Victor
    Registered Users Posts: 78,420 ✭✭✭✭Victor


    Yes, the wealth has been misspent, but it has been that way for a very long time in this country, but
    The Irish who built London and New York cannot build affordable housing for thier own children.
    Damien Kiberd can be such a gob***** sometimes. The Irish that built London and New York are more likely to live in Kilburn and Brooklyn than in Dublin. The only relevance was the Irish taxpayer paid for their education , they emigrated and Ireland got nothing back.


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