During the 2008 Presidential campaign, Sen. John McCain (R-AZ) praised the Irish economy for its low corporate tax rate and said that if the U.S. would just follow suit, companies would “be able to create jobs, increase your business, make more investment.”
He was not the only one. Many conservatives over the last several years have been touting the great Irish economy. They have held up the Irish economy as an example of what we should do, of what economic policies we should be following.
Well, how has that worked out for the Irish?
Again, from the above referenced article,
Now, Ireland is undertaking draconian austerity measures, including raising personal income taxes by €1.9 billion and cutting the minimum wage, in order to receive an €85 billion bailout.
And the republicans are shutting down our damn government until they get more tax cuts from the wealthy.
What a bunch of
(SHITHEADS -- for the visually impaired)