Wednesday 21 February 2018

Lucinda's way

• The Irish Independent, Business Week, May 31 -- "Germans need to pay themselves more, says Creighton" -- attributes to Lucinda Creighton remarks which, I reckon, if accurate make her a rock-solid guide to the future of the developed world.

The article says: "German salaries are low by Irish standards and Irish people, including politicians such as Ms Creighton, tend to earn far more than their German equivalents . . ."

We know that Irish salaries became inflated through massive borrowing, which also sustains the standard of living in various other countries.

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