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I mean let’s be honest adults here - a 300B national debt is literally nothing. Not even worth discussing in a post or even acting like it’s a problem. Ireland
by turndown 2y ago
I mean let’s be honest adults here - a 300B national debt is literally nothing. Not even worth discussing in a post or even acting like it’s a problem. Ireland ran a 4 billion euro deficit last year; again this is meaningless. You can dislike these policies you mentioned(on whatever basis…) but let’s not act like Ireland is burning here or something
- negamax 2y agoWhat are you talking about? Ireland's population is mere 5M. That's €60K debt for each soul. And over €200K debt for a family. What does Ireland has to show for all this debt?
- basisword 2y agoSo about half of the debt per capita of the US?
- throwaway55671 2y agoPer capita is a dumb indicator for this, though. USA has GDP in tens of trillions. Ireland has 47 times less than that.
- basisword 2y agoI agree but it's the dumb indicator OP decided to use.
- turndown 2y agoOthers have pointed out that this amount is comfortable enough relative to GDP, but I also want to point of your method of arguing is dishonest. There will never be a day where the entire debt of a country is divided up among the citizens and then they each would have to pay that amount, so saying it’s 60k debt per each soul is kind of like a football fan saying that each Kansas City Chiefs fan each won .00001% of a Super Bowl Trophy last year. It’s sovereign debt.
- deleted 2y ago[deleted]
- anotherhue 2y agoEmigrants.
- superb_dev 2y agoHuh?