DENIAL: Organized Labor in Ireland Can't Count

From Bloomberg - The Irish Congress of Trade Unions, an umbrella organization for the country’s labor groups, is holding a march in Dublin to protest a 15 billion-euro ($20 billion) austerity package aimed at reducing the budget deficit. Ireland’s government is talks with the European Union and the International Monetary Fund about an 85 billion-euro rescue package as it seeks to shore up its banks and narrow the deficit. Finance Minister Brian Lenihan said on Nov. 24 that the government will cut spending by about 20 percent and raise taxes over the next four years to trim the gap to 3 percent of output by 2014, from 32 percent this year when bank costs are included. Today’s march, which police estimates said had drawn as many as 50,000 people, started at noon and will wind its way through Dublin to conclude in front of the General Post Office on O’Connell Street. read here:
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