(New Democracy News Service)
Anti-austerity mood of the people of European countries manifested itself once again in Ireland where parliamentary elections witnessed resounding defeat of the ruling coalition of Fine Gael and Labour Party. Like in Spain elections have not given majority to any party. However gains made by Fianna Fail, Sinn Fein and different other groups have unmistakably demonstrated mood of the people against cut in govt. expenditure. Verdict in Ireland conforms to the trend being witnessed in different European countries which experienced severe recession and had to implement austerity measures.
Ireland has been hailed as a success story by the apologists of the present system for having come out of recession. Over last two years, Ireland has recorded highest growth rate among European countries. However, this growth has come about by increasing the burden on the working people and conditions of the people except in middle class areas of the capital Dublin have deteriorated. Despite trumpeting of Ireland’s supposed success, people burdened rejected the policies which increased burden over them. Worst sufferer was junior ruling coalition partner Labour Party which people punished for implementation of austerity policies despite their support base being biggest sufferer of the same. Biggest gain was made by Sinn Fein and Fianna Fail which had campaigned against these policies.… Read More