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That seems hard to believe, can you back it up?Irish companies invest more in the US than is invested by US companies in Ireland.
I agree, statistical poverty levels only reflect how wealth is distributed.In my perfect society I wouldn't care too much about the gap between rich and poor. I'd let the rich get as rich as possible.
But I would be concerned about the standard of living of the worst off. I think that's a more useful measure of a society.
Doh! I was afraid someone might ask me that. It referred to the absolute amounts, not the proportions of GNP/GDP. I'm afraid I don't have the source - though it was a reliable source & it surprised me too. It came from someone senior in IDA (possibly Dan Flinter?) on RTE Radio (possibly Morning Ireland) within the past six months. Sorry I can't be more specific, but I'd welcome the hard numbers from anyone else.That seems hard to believe, can you back it up?
Do you mean as a proportion of GNP/GDP?
The broad philosophy in the US that you are free to take care of yourself and the government won't try to run your life for you is very attractive in principle and I am slow to knock it.
AIB (before they got burnt), CRH, Elan (which started out in Athlone), Iona etc etc etcCan anyone name one Irish firm who has invested in the US to the same extent?
who came and built factories on greenfoield sites
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