The Paradox of Prudence - podcast episode cover

The Paradox of Prudence

Dec 12, 202339 minSeason 2023Ep. 98
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Episode description

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.

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The Paradox of Prudence | The David McWilliams Podcast - Listen or read transcript on Metacast