The poverty paradox
Bizarrely, it seems the recession has reduced rates of poverty, writes Pat Leahy, Political Editor
Ireland is in a savage recession, t he worst since the 1930s.The number of people unemployed has doubled, countless companies have closed their doors and wealth has been destroyed, for people at all levels of income, on a massive scale. Yet the Central Statistics Office (CSO),the official state number-cruncher, says poverty is declining.
The CSO’s annual survey on income and living conditions (SILC) for 2008, published recently, h ad some remarkable findings on...
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