Friday, September 5, 2008

Stephen Kinsella on the Irish Budget

My main point was the government needs to strike the correct balance of decreased public spending, increased taxes, wage moderation, and borrowing. Ireland has a pretty low national debt, so borrowing is the soft option. However, it doesn’t address the medium term problems of a high wage, high price economy.

1 comment:

Stephen Kinsella said...


Thanks for the link, well done on the cool blog, I'll subscribe to it!