Jun 07, 2006 -- Ireland becoming a world power
Clark is a fanatic about government spending and the tabs citizens must keep on it. Take Ireland, for example. For many years, Irelands biggest export was its people. People left because they had few opportunities and the economy was horrible. But now, the country is doing great. People are moving back in droves. Why? Its because the country has cut its taxes by a third and there is now huge economic opportunity. The maximum tax on employees is 16 percent. By comparison, France takes between 40 and 50 percent of workers pay. People also pay pension and social security taxes in France, and its becoming more of a Soviet kind of lifestyle. Ireland has made itself friendly to businesses and that has spurred growth. The population has grown by five or six percent each decade and now its one of the wealthiest countries in the world. In the States, we must consider what Ireland is doing. We cant continue to make tax cuts as government spending grows by leaps and bounds. The Irish also make it possible to fire people who dont work hard and they dont offer a ton of vacation. In most European countries, its almost impossible to fire someone once youve hired them and people typically take six weeks of vacation. Clark likes the vacation idea, but he likes that Ireland holds people to a higher standard in the workplace.
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