The Irish banking system collapsed on its arse this week, with a government bail-out of Anglo Irish Bank bringing the bill for the country’s stricken banks to £39bn. While our Celtic cousins nurse a budget deficit of 32% of GDP, let’s take some time to see what that paragon of financial sense George Osborne said about the Irish economic model:
“Ireland stands as a shining example of the art of the possible in long-term economic policymaking”
In a gushing article for The Times in 2006, Osborne asked ”What has caused this Irish miracle, and how can we in Britain emulate it?”
Looks like Gideon is still trying his utmost in this regard.
Hat-tip: James Lyons
2 Comments
All the more reason for the Tories to want to emulate Ireland. “Oh no, economy failed again, now we really have no choice but to cut 40% from each department…”
It’s a win-win for George Osborne. If the economy picks up he’ll be hailed as a pragmatist, if it fails he’ll be lionised in Tory circles for slaying the already wounded welfare-state dragon.
Interesting how fickle politicians are.
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RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
#ThereIsAnAlternative RT @psbook: NEW >Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @BevaniteEllie: #ThereIsAnAlternative RT @psbook: NEW >Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
(Via @sunny_hundal) RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @AdamRamsay RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
Osborne called doomed Irish economy a “shining example of the art …: The Irish banking system collapsed on its a… http://bit.ly/aZS0b8
RT @sunny_hundal: RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: NEW –> Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
Osborne called doomed Irish economy a “shining example of the art …: The Irish banking system collapsed on its a… http://bit.ly/9tiwbS
RT @sunny_hundal: Osborne called doomed Irish economy a "shining example of the art of the possible" http://is.gd/fGFOO
RT @psbook: Osborne called doomed Irish economy a "shining example of the art of the possible" http://bit.ly/cvPjNb
Osborne called doomed Irish economy a “shining example of the art …: The Irish banking system collapsed on its a… http://bit.ly/dkowfE
Osborne called doomed Irish economy a “shining example of the art …: The Irish banking system collapsed on its a… http://bit.ly/cRAijl
Osborne called doomed Irish economy a “shining example of the art …: The Irish banking system collapsed on its a… http://bit.ly/ayYdvK
Osborne called doomed Irish economy a “shining example of the art of the possible” | Political Scrapbook: http://bit.ly/bNy6sg via @addthis
RT @sinnaluvva: Osborne called doomed Irish economy a “shining example of the art of the possible” | Political Scrapbook: http://bit.ly/bNy6sg via @addthis
RT @sinnaluvva: Osborne called doomed Irish economy a “shining example of the art of the possible” | Political Scrapbook: http://bit.ly/bNy6sg via @addthis