He just brought up that Ireland has one of the lowest rates of business taxes in the world. He used this in the debate against Obama as a way to show that his plan of lowering business taxes will help the economy.
He said this, on live...National TV...in a debate that was to look at Foreign policy..without knowing that Ireland was announced today as being the first country in the eurozone to officially be declared as being in a recession.
The Central Statistics Office said the once-booming economy shrank 0.3% in the first quarter and by 0.5% in the second - a recession is two or more consecutive quarters of contraction.
The European commission thinks Germany and Spain may be next and Britain is also on the brink. Dubbed the Celtic Tiger in the 1990s, the Irish economy is now facing its toughest time since it was hit by high unemployment and emigration in the 1980s.
Irish Economy
What is happening to Ireland?
A government spokesman said: "As expected, lower levels of house building had a major restraining influence on growth in the second quarter, as is evident from the very weak investment figures. Other factors at work include higher commodity prices, global financial market problems, weak demand in our major trading partners and adverse exchange-rate movements."
The Government is facing a huge budget deficit of between €5billion (£3.95 billion) and €7.5 billion after a dramatic fall in tax revenues this year.
How I wish Obama had known about this! Is he briefed? That would have been an amazing point to bring up!
Why it's happening