Earlier quoted context omitted.
Household wealth inequality has also fallen significantly in Ireland. Longer term statistics are more difficult to find compared to income inequality but see Chart 3 here - https://www.centralbank.ie/statistics/statistical-publicatio... - provides a 12 year time series which proves this. Irish property prices are and have risen considerably - but "600%", I think, is a somewhat dramatic way to present the increases -…
True this is bullshit. The government has a direct policy of wealth transfer from the population to itself and banks, who have "foreign" (except of course not really, for the worst example look at the board of the "gift to Ireland" national wealth fund and how the very young board members have no qualifications or experience and DO have family in government ...) ownership. Which, conveniently, isn't counted in the Gi…
For example, Ireland's redistribution of income from rich to poor does more to reduce inequality than any other country in the OECD. The numbers are here: https://ourworldindata.org/income-inequality-before-and-afte... or look at Figure 1 on page 10 here: https://www.oecd.org/content/dam/oecd/en/publications/report...
And in figure 3, page 11 of the above report, Ireland has seen the 3rd highest growth in income redistribution in the OECD with redistribution from wealthy to poor growing by 40% in the space of a decade
So as far as I can see the facts indicate that Irish government policy is the exact opposite of what you claim.