The UK has a terrible pandemic in terms of health outcomes with 290,000 confirmed cases and more 44,000 deaths. By contrast, Ireland has performed relatively well.
However, when it comes to the economic response, the UK is streets ahead, and for Ireland the risks from the pandemic are far greater than in the financial crisis when the State's economic model of openness to globalisation reaped huge dividends in terms of growth and job creation.
Despite a post-crisis recovery that has seen economic growth here beat levels seen in the rest of the European Union, the labour market here had some major weaknesses even before the pandemic hit, and they could make a recovery to full employment very hard.
Tánaiste Leo Varadkar has promised a "radical and far-reaching stimulus", but the record so far is mixed, and the range of policies unveiled by UK Chancellor of the Exchequer Rishi Sunak in a £20bn (€22bn) package last week showed the path Ireland now needs to follow.
While the initial response here, with the rapid deployment of €6.8bn in extra funding for health and wage schemes that supported more than a million, received widespread praise, a second package of €6.5bn in grants and loan schemes has been less well received.
Total aid measures worth €15.5bn have been announced.
The funds disbursed in company schemes have so far fallen well short of the €2.4bn-€5.7bn the Central Bank of Ireland estimated would be needed in liquidity by consumer-facing small and medium-sized companies.
The next phase is going to be even trickier and traditional economic indicators are going to be of little use in charting the progress of the economy as it moves into a recovery phase.
The latest data shows business confidence has come off its lockdown era lows, but the readings still show that there is a contraction in activity going on. Credit card spending data appears to show a return to pre-crisis levels, but that is largely a function of the new-found freedom to shop and the build-up of savings by those who kept their jobs.
Even the latest figures that showed the number of people claiming the Pandemic Unemployment Payment had fallen 42pc from the May, while welcome, could also indicate trouble ahead.
Ireland risks seeing one of the largest falls in employment among the 37 members of the Organisation for Economic Co-operation and Development (OECD) after Colombia and the United States, the group warned in its most recent employment report.
The OECD calculates that employment here will fall by 6.7pc if there is just a single hit to jobs from the pandemic. If there is a double hit, in which we get another round of restrictions, that figure would see a drop of 8.2pc.
The comparative OECD average figures are 4pc and almost 5pc respectively.
The extent to which "normal" economic rules no longer apply was shown even as lockdowns spread throughout the eurozone in the spring and most economists had expected that the unprecedented collapse in output would lead to a rapid spike in unemployment.
That has not happened.
In Italy, one of the worst affected countries, the official unemployment toll fell because people exited the workforce.
In other countries, Ireland included, short-time working and job subsidy schemes did what they were supposed to do and "flattened" the unemployment curve in the same way that the lockdowns flattened the spread of the pandemic.
Paradoxically, as the economy starts to grow again and people start looking for work, especially those in the hard-hit hospitality and tourism sectors, the unemployment rolls will start to grow once more.
Those on short or temporary contracts now risk losing their jobs when those expire, notes Jessica Hinds, an economist at Capital Economics, who says that firms employing low-skilled workers will have less incentive to hold on to them if they are required to shoulder a greater burden of their wage costs.
That may expose the weak underbelly of the Irish economy and underlines the need for urgent and decisive action.
One crucial issue is how much financial distress firms are in - hence the need for loans and grants from the Government, or to look at issues such as a VAT holiday, as Sunak did last week, so companies can return to normal trading conditions.
Ciarán Nugent, an economist at the trade union affiliated Nevin Economic Research Institute, notes that even at a time when the economy here was at "full employment" in the last quarter of 2019, the share of people in employment and looking for jobs as a percentage of the working age population was still well below pre-crash levels at 62.7pc versus 66.2pc in 2007.
Mr Nugent also notes that temporary contracts were four times higher at the end of last year at 24.2pc of the under-30s than at the pre-crash low.
As well as more money, the Tánaiste is going to have to come up with some creative labour solutions of the kind Mr Sunak unveiled.
The British chancellor set out a £1,000 payment for each furloughed employee who remains employed to January next year as well as kick-start scheme for apprenticeships and retraining which will fund six-month work placements as well as hiring more front-line staff to help job seekers in an expansion of the state payroll.
Sickness payments that were expanded during the crisis will also need to be kept in place to prevent workers who are ill from being forced to leave their homes and risk infecting others.
And we are also likely to see continued state intervention in areas that it has traditionally stayed well away from.
The OECD notes that in the event of a second infection wave, particularly in winter, bans on evictions and foreclosures and targeted financial support to cover utilities could help workers remain in their homes.
"Even without a second infection wave, many workers likely face an extended period of economic fragility, making it hard to cover mortgage and rent payments in the months to come," it said in its recent employment report.
With Brexit looming as well, there is a need for radical action now, so over to you.