Thursday, 30 September 2010

More Tory crowing over Ireland?

Following up on Guido Fawkes's claim that the last Irish budget (you know, the one that has helped push Eire to the brink of double dip, put tens of thousands of home owners in to negative equity, almost crippled their economy, cut welfare, cut public sector pay, began charging a nominal figure for prescriptions, while also cutting VAT, alcohol tax and keeping corporation tax and income tax unchanged ) was the one we should have had here; we have yet another Tory who I'm sure will not be mentioning his past views on Ireland any time soon, especially considering today's news on their exposure to toxic bank assets.

Oh yes, its George Osborne.

To an untrained monkey it is obvious what Ireland attempted to do. Cut tax to allow the private sector and business to swoop in; what is it that George Osborne says about a private sector recovery?

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