* Osborne visiting Ireland in 2006:
"A generation ago, the very idea that a British politician would go to Ireland to see how to run an economy would have been laughable... Today things are different. Ireland stands as a shining example of the art of the possible in long-term economic policymaking, and that is why I am in Dublin: to listen and to learn.
In Britain, the Left have us stuck debating a false choice. They suggest you have to choose between lower taxes and public services. Yet in Ireland they have doubled spending on public services in the past decade while reducing taxes and shrinking the State's share of national income."
ozzy is lucky that most people don't know that he was praising Ireland a few years back, because he got that very, very wrong.
the thing is, this is no academic excercise. there are lots of people out of work, and i'm in a shit job well below what i'm capable of so i hope the economy picks up. it's just that, sadly, i don't think it will. taking demand out of the economy at a time like this goes against what i believe to be the best way forward, so i'm not hopeful