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I have markedly less sympathy for the Irish "tax competition" strategy than you appear to have. But it is rather rich to hear from a German that the Irish are collectively responsible for their irresponsible macroeconomic policy... when Germany has practised the even more irresponsible macroeconomic policy of wage competition.

A country that passed Hartz IV really has no business whatsoever lecturing others on macroeconomic policy.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Feb 6th, 2011 at 12:45:47 AM EST
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