McAleese: Society in the grip of high levels of anxiety
Speaking at the College of Psychiatry of Ireland’s International winter Conference in Croke Park, President McAleese said: “We gather here in a phase of pervasive, high levels of anxiety and worry about the economy.
“With appalling suddenness and severity, a buoyant economy with almost full employment has given way to a recession, considerable job loss, negative equity among home owners, reductions in salaries and values of pensions, disappearance of share dividend income and share value, failed and failing businesses and a litany of hard to digest bad news.”