Comment du Jour

When Irish Eyes are Crying

The start of the New Year has seen some startling jolts for the hard pressed Irish.
The economically strapped country faces the undertow of massive debt and 14.4% unemployment.

Now the already high Value Added Tax (VAT) has jumped from 21% to 23%!!

While some goods and services are staying at 13.5% VAT, the bottom line remains that the burden of debt has become a millstone for the people. Somebody has to pay the piper! The lessons of profligate government spending are not confined to the Emerald Isle either--just look round Europe and the United States.