Failure Of The Irish Economy Further Proves The Flaw In Brad Wall's 'Unfettered Free Market' Ideology
Don Morgan, MLA
Saskatchewan Party
(Now Saskatchewan Minister of Justice)
March 17, 2006
Brad Wall's Saskatchewan Party based much of its financial policy on what was perceived to be the 'success' of Ireland ... the Celtic Tiger. While in Opposition, the Saskatchewan Party praised the tax cuts, massive spending and business subsidies that have now crippled the Irish economy.
For the record, you don't hear Brad Wall or any of his Ministers singing the praises of the 'Celtic Tiger' recently ...
"Enterprise Saskatchewan:
Conceived by Saskatchewan Premier Brad Wall, the agency is loosely modelled on Enterprise Ireland, which is that country’s government agency responsible for development and promotion of its business sector. It was founded in 1998 to help capitalize on and sustain Ireland’s remarkable economic expansion, which led to it being referred to as the “Celtic Tiger".
-Brad Wall's PLAN for Saskatchewan to replicate the Irish Economy and create the 'Prairie Tiger" - Spring, 2009
-The Irish Tragedy And Its Lessons For Canada - Brian Topp/Globe & Mail
There is a great lesson to learn from Ireland and its story of glorious success followed by rapid failure. We should be at least aware of a danger called oversupply in all sectors of economy.
Posted by patricat | 4:37 am, October 28, 2011