NO ECONOMIC MIRACLES
MR. DE DALERA PESSIMISTIC. To judge by his remarks in a debate in the Dail on unemployment, Mr. de Valera no longer has any faith in economic miracles. On the general question of curing unemployment, he confessed himself pessimistic. There was no ideal social or economic system, and every revolution only led to new evils which gave rise to a further revolution. Mr. de Valera completely refused to admit that the nationalisation of transport or the public control of credit would provide additional employment. He said that a small community could hope to enjoy only a frugal standards of comfort, and that existing standards would have to be drastically revised. Irish standards were largely copied from England, and cculd not oe maintained at tliat level. What was needed was more production, and this involved harder work.
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Wairarapa Times-Age, 25 November 1940, Page 9
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139NO ECONOMIC MIRACLES Wairarapa Times-Age, 25 November 1940, Page 9
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