Default! Default! parties from the left cried! But the people said no, they still had their pride They viewed these parties with some skepticism, and tackled the problem with true stoicism There were no riots, no violent demonstrations, as was evident in many other debt ridden nations We simply put our heads down and got on with the task, answering all of the questions the world had to ask
And now through our efforts things seem to have improved, with a deal on the promissory note having just been approved We still owe the money but we have more years to pay, we can only hope our grandchildren will pay it off one day There are green shoots of recovery, all is not lost We learned a valuable lesson, though at a significant cost We have done well though we cannot let down our guard A sentiment echoed recently by one Christine Lagarde
We cannot get carried away with president Obama’s praise For Enda Kenny on Paddy’s day, of all the days! though lauded in Europe as a good example to everyone we must not relax, there is a lot more to be done But after all the cost cutting, redundancies, pay cuts, all we get from Europe now is more ifs and buts And I know this is wrong before I’ve even said it; but for all of our hard work, would Europe not give us some credit?