Nigel Stanley <[email protected]> wrote: >2009/12/9 <[email protected]>: >> >> According to today's Irish budget, Waterways Ireland will get the same >> amount from the southern government in 2010 as in 2009 for its current >> expenditure (EUR26,200,000). That will be 85% of its total grant for >> 2010, with 15% to come from Northern Ireland. As there is price >> deflation here, it's done pretty well. >> >That is extremely good in the context of the big public spending cuts. > >The Irish economy is a basket case made worse by its government's >policies. Cut spending in a recession and the deficit gets worse.
But the Irish government announced that it *will* be reducing its deficit in the coming year. Unlike the current UK government, which is a one-club golfer. It's policy is: In good times - spend! In bad times -spend! In a recession - spend! In a recovery - spend! The only time this lot doesn't spend too much of my money (mostly on things I don't want) is when it's out of office. A statement which I hope will soon be proved correct. And you think the Irish government is bad ... Adrian Adrian Stott 07956-299966
