For the decline is not even, truly, mourned by our rulers. It is embraced with a vigor and a passion that has, as I have written before, an openly religious quality.
“We are living through a great upheaval.”
If you want to spend money and point to the spending of money, giving it to Universities is almost the ideal political wheeze.
Just because political realities demand something, that does not make the “something” a good or wise idea.
The ESRI reports that the share of young Irish people who own their homes has fallen by more than half, from 60% to 27%.
This is an example, frankly, not of some great conspiracy to do away with cash, but of a bank making a short-sighted business decision.
Authorities “prepared for new protests.”
Capping the number of people we can accommodate is not an expression of cruelty or bigotry, but an expression of our own ability to do basic mathematics.
What any Government could do about it in the current climate, though, without being denounced from the heights by all sides, I have no idea.
Larry Summers is not a politician, and therefore has a little bit more leeway when it comes to telling the truth about the likely path ahead.
It should be clear and obvious by now that we’re at the very limits of our ability to do the right thing.
Americans, to their very great credit, are much less tolerant of things like super high prices for fuel than Europeans are.