Our young hung out to dry

For the first time since the Famine, the next generation of Irish people will be poorer than their parents, writes David McWilliams.

25th May, 2013
'Much of the political system is designed to uphold the status quo.'

Ireland is a country trying to compete with the rest of the world from a position of weakness and that weakness is, in the main, due to choices made by the state.

We find ourselves in the most turbulent period of global economic disruption, without the macroeconomic means to deal with one local impediment that makes economic recovery almost impossible. That impediment is the crippling level of personal debt in the country. As the growth...

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