Yet another indictment of our architects of destruction -> independent.ie/opinion/analy … 71705.html
Cowen and Ahern, through their negligence, incompetence and recklessness, have wrecked the economy, writes Daniel McConnell
Bad economic policies – including the fuelling of the most pronounced property boom in western Europe, the huge expansion of useless quangos and the skewing of our tax system – placed Ireland back among the list of European rogue states. Bad policies pursued by former Taoiseach Bertie Ahern and his successor and former Finance Minister Brian Cowen.
**Ahern, the chief architect of Ireland’s collapse, and his willing accomplice Cowen, through their negligence, incompetence and recklessness, have condemned Ireland to a path of fiscal rectitude so severe as to cause real long-term damage.
**
The cost of their mistakes is phenomenal, and their impact is so far reaching and devastating.
As a result, we are now €82bn in debt – which will be at least €150bn before we’re through. Some 452,000 people are out of work, with 280,000 of those job losses coming in the last 18 months. The country could lose a further 200,000 through emigration by 2015, the ESRI warned.
The interesting thing about the ESRI report is that it is the latest to lay the blame for Ireland’s calamity at Cowen’s door. Central Bank Governor Patrick Honohan also pointed the finger of blame at the Taoiseach, as did Regling and Watson.
there is more
Larry
July 25, 2010, 12:15pm
#2
President Ahern.
lol. I wonder if the greasy little wankbag still thinks that’s a runner. He’s such a narcissist he probably does. The only shame is that advance polling will mean he won’t run if he knows he’d be humiliated. Which he would.
Don’t be fooled. No paper contributed more to the cult of Aherne than Sindependent. About to take a deep breath and do the same for Lenihan.