The ConDem policy of following the Irish model for economic recovery looks to be as forecasta disaster waiting to happen.
Ireland is currently facing economic collapse as its recovery plans fall apart. The EU is attempting to to gather a rescue package of some £77 billion... of which the UK is expected to provide £7 billion! (The same amount the ConDems plan to recover from the paye tax system and other adjustments to HMRC.)
Meanwhile, Ireland has been driven to the brink of an international rescue deal because its economy, which grew sharply on the back of a booming property market and a burgeoning financial services sector, has suffered the deepest recession of any developed economy. (Sound familiar?)
Despite following a policy of slash and burn of the public sector (the plan the ConDems are intent on following) Ireland has experienced the worst recession of any major economy and has amassed government debts of more than €100 billion (£85billion). It has an unemployment rate almost twice as high as Britain at 13.2 per cent and currently has a record deficit equivalent to 32 per cent of its gross domestic product.
Where they have gone, the ConDems are intent on taking the UK. It is not just this branch saying this... the worlds foremost economic experts agree with us! The evidence that the ConDEms policy cannot, and will not work, is there in Ireland for all to see. The facts are known and it is now more than clear that the governments cuts agenda is entirely ideolgically driven.
