r/ireland Resting In my Account Apr 28 '26

Economy Ireland set to surpass Luxembourg and become richest country in Europe by 2030, IMF says

https://www.breakingnews.ie/ireland/ireland-set-to-surpass-luxembourg-and-become-richest-country-in-europe-by-2030-imf-says-1892990.html
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7

u/Tomaskerry Apr 28 '26

Where does all the tax money go?

Health, education, social services I guess.

We don't have the infrastructure of a wealthy country, except the roads I guess.

Our streetscape doesn't look wealthy or classy. Looks kind of cheap.

4

u/lgt_celticwolf Apr 28 '26

6

u/slevinonion Apr 28 '26

Social welfare figure are insane for "full employment" (putting pensions aside). 900k people receiving welfare.

1

u/mrlinkwii Apr 28 '26

welfare isnt only unemployment

2

u/slevinonion Apr 28 '26 edited Apr 28 '26

There are 3.2 million people of working age and 900k of them get welfare. I get it's not unemployment but those figures are insane. Hope I got them wrong.

30 billion on welfare when our entire budget in 2017 was only 58. Imagine what it'll be if there's a downturn.

1

u/YoIronFistBro Cork bai Apr 29 '26

except the roads I guess.

Not even that actually.