Bruton is seeking a race to the bottom
Published 11/08/2011 | 05:00
JOHN Bruton (Irish Independent, August 9) argues that if we want to fix our economies we have to pay ourselves less.
I won't bore your readers with detailed repetitions of the obvious reply that our political class, of which Mr Bruton is a member, would need to lead by example before calling on those struggling to get by to try and struggle on even less.
The central core of his argument is, nonetheless, flawed as he compares apples and oranges. China's economy is built on a virtually endless supply of cheap labour which we can never hope to match as things stand. It is also built on scandalously cavalier attitudes towards environmental destruction and the human cost.