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« Softening Us Up: July 16th The Recession Diaries | Main | Shock! Horror! McCarthy Vindicates Public Sector Efficiency! 20th July: The Recession Diaries »

July 16, 2009

Comments

Smoke

Maybe the report should have been accompanied by a sister volume detailing how any euros saved from spending cuts could be put to better use in a manner that would produce a net stimulus for the economy. All in all it's grim reading but we knew that. I don't see any outcome other than the IMF taking over. Is it too late for the British empire to take us back?

Michael Taft

Smoke, with the Tories preparing to get back into power, hopefully it is too late. And I don't think the only alternative is the IMF - but Fianna Fail is certainly doing its best to make that a reality.

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