The Paradox of Prudence

Ireland has a massive deficit in public infrastructure and a massive surplus in the public finances. Economists are advising the government to save on the basis that saving is "good". But not spending when we have an increasing immigrant population is a recipe for social chaos. This podcast is celebration of spending. Ireland's tax base is set up to generate surplus, so spend the money. Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast. Hosted on Acast. See acast.com/privacy for more information.