Ireland's Economy struggling to Recover

The video discusses Ireland's economic challenges post-2008, highlighting the fleeting recovery and looming recession. It explores the impact on households, with many trapped in negative equity and reliant on social welfare. Dublin's deprived areas face social issues, while cuts to child benefits exacerbate poverty. The economic collapse, largely blamed on bankers, has left Ireland without the option to inject cash like the UK. Some argue that deep cuts hindered recovery, with political parties weighing in on the situation.

What was one of the main reasons for the fleeting return to growth in Ireland?

• Increased government spending

• High employment rates

• A double-dip recession

• A strong housing market

What is one of the social issues faced by residents in Dublin's deprived areas?

• Overcrowded public transport

• High cost of living

• Antisocial behavior and vandalism

• Lack of educational facilities

How have government cuts affected children in Ireland?

• Reduced child benefits leading to poverty

• Increased access to education

• More recreational facilities

• Improved healthcare services

What is a consequence of the property bubble burst in Ireland?

• Higher property values

• Abandoned building sites and ghost estates

• More job opportunities in construction

• Increased foreign investment

Why was the financial collapse more significant in Ireland compared to the UK?

• Ireland had a larger banking sector

• The UK had more government support

• Ireland's economy was less diversified

• The UK had a stronger currency