EPISODE · Dec 12, 2023 · 39 MIN
The Paradox of Prudence
from The David McWilliams Podcast
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. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
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. Hosted on Acast. See acast.com/privacy for more information.
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The Paradox of Prudence
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