Subject:
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Re: What happened?
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Newsgroups:
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lugnet.off-topic.debate
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Date:
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Mon, 19 Jul 1999 19:48:42 GMT
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Viewed:
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963 times
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Larry Pieniazek wrote:
> You also said that we cannot compare the US and Europe. So I'm comparing
> two euro economies...
OK.
> The Republic of Ireland didn't have a lot of terrorist strikes lately,
> no? I'm not referring to the occupied territories, but the independent
> part. So no, it's not because of bombing cessation that it's booming.
The Republic of Ireland has always been poorer than Northern Ireland,
one of the reasons people in NI want to stay part of the UK. Bombings
appeared both sides of the border, just because none have occured in the
last year doesn't mean it doesn't have an affect on business decisions
to locate there. Major supermarket chains immediately decided to start
to plan building there after the ceasefires were announced -
coincidence? No, they said it was because the bombing had stopped.
The way the German Economy had to squeeze into the Euro killed the
economy creating millions of unemployed people - who aren't paying taxes
and are claiming benefit from the Government. Helmut Kohl messed it up
and now they are paying for it.
> Rather, it's because the RoI is less regulated/taxed than the average
> euro state (despite silly regs about granting pub licenses)... and FRG
> is MORE regulated. Hence the disparity in economies. Germany stagnates,
> Ireland booms. So much for planned economies and the socialist
> wonderstate.
It is nothing to do with regulation, Ireland fitted into the Euro easily
and is reaping the benefits of the single currency while Germany had to
try every trick in the book and some more to get in.
> Go ahead, try to explain away the difference some other way.
I don't need to.
--
Carbon 60
ICQ # 5643170
Always willing to take on the House Robots.
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Message is in Reply To:
 | | Re: What happened?
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| You were getting on about how great Europe is compared to the US. My point is that the US economy, having just went through a period of some deregulation, and a period in which a number of new industries sprang up faster than the government could (...) (25 years ago, 19-Jul-99, to lugnet.off-topic.debate)
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