The hard-and-fast spending cuts wielded by the Irish Government to try and bring its economy back from the brink have been held up by the ConDem coalition as an example of the need for an age of austerity. Let’s see how quick Osborne and Co are to endorse the Irish experiment now they’re oficially back in recession.
http://www.guardian.co.uk/world/2010/sep/23/irish-economy-double-dip-recession