PrintSeptember 30, 2010
Ireland's Doleful Lesson for The U.S.
This past spring, much of the world's attention was focused on the financial dilemma in Greece. While the news managed to slightly penetrate the attention span of the average citizen of the United States, it was largely ignored. After all, it was Greece, a country that seems to revel in its laid-back psyche and history of economic and government upheavals.Today, however, lost in the coverage of the midterm elections, the Tea Party and Christine O'Donnell's high school hijinks is the news that Ireland, a country to which nearly 40 million Americans can trace their ancestry, is on the brink of insolvency. This is not a nation with a recent history of financial and political turmoil, but one that can serve an object lesson as to where the United States is headed.This is not a story with the same sex-appeal as analyzing what makes Obama tick or what is happening in the Tea Party movement or the chronicling of the loony acts of some on the Left, but it is one much closer to home than we...(Read Full Article)
