My goodness, the Irish have finally found a bigger oppressor than the British!
“Ireland’s trade union chief has accused the EU-IMF troika in charge of Irish austerity policies of tipping the economy into downward spiral and acting as an imperial oppressor. “The Troika has done more damage to Ireland than Britain ever did in 800 years,” said David Begg, head of the Irish Confederation of Trade Unions.
Mr Begg said the image of Ireland as the poster-child of EU recovery was a myth cultivated by EU creditors whose only interest is to recoup their money. “At least the IMF officials are willing to admit they have been wrong but the EU officials are total ideologues.” “It is like being in an awful World War One conflict where the generals have expended a million lives to gain one yard of ground, yet nothing will change their mind in face of all the evidence.”
The trade unions say internal consumption has collapsed by 26pc, and investment has fallen to the lowest level in recorded Irish history. Under-employment has reached 23pc despite emigration to Canada, Australia, the US and Britain. “The austerity has to stop. People feel they are drowning,” he said.
There is some truth in what he says. Ireland is drowning in debt and the idea that it can somehow trade itself out of the chasm it fell into as a result of EU imposed austerity is indeed madness. But Ireland cannot have it every way either. If it wants to stay in the EU (And that is universal truth in the Republic) then it shouldn’t complain when the price levied is so very high. The best thing the Republic could do is LEAVE the EU but it won’t and so whilst Mr Beggs makes some valid points in the final analysis you cannot have your EU cake and eat it.