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Enda Kenny

The Celtic tiger lives

The Celtic tiger lives

DUBLIN -- They called it the Celtic Tiger, a period of prosperity between 1995 and 2008, during which everything in Ireland appeared to come up shamrocks.

According to Wikipedia, between 1995 and 2000, the long-dormant Irish economy took off, expanding by a startling 9.4 percent. There was a building boom; roads were widened to accommodate more traffic; newly confident people started buying things they had long denied themselves, including bigger and nicer houses, which, it turns out, many could not afford.

Even after 2000 when the Irish economy continued to grow...