International economics guru, Sanchia Berg, was on the BBC this morning to entertain us with an “analysis” of Ireland’s economic woes. At first I was curious as to why the BBC seemed so interested in the fact that Moody’s (They never saw the recession coming, why should we pay much attention to them now?) had downrated Irish credit worthiness – then it became clear. You see Ireland has actually TRIED to deal with out of control public sector spending by imposing wage cuts and the like. I salute the Irish for facing into financial reality. However Sanchia was not impressed and in the predictable BBC fetish that “you get out of a spending induced recession by spending even more” mode, suggested that Ireland was heading for a double dip recession because of foolishly trying to live within budget. The BBC agenda is to advance the Labour economic policy – the one that got us into the trouble. In doing so, they will seek to do down the Irish and any other country that dares suggest that responsible economic practice.
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