anyone else not notice or care about the recession?

foxyboxer · 23-04-2012 2:27pm

If someone is feeling smug because they dodged the bullet (intentionally or otherwise), then I would argue that they are experiencing a sense of schadenfreude.

Who didn't see the people on the industrial wage with international property portfolio's :rolleyes: and the Harry Enfield-esque "I am so much richer than you....." attitude? :cool:

Nothingbetter2d · 23-04-2012 2:27pm

in a way the it sector has been hit... with all the other companies closing down there is less n less it staff needed to maintain the computers for those companies.

paddyandy · 23-04-2012 2:35pm

My Boiler went like so many things way before it's natural demise because it was planned that way .Everything we buy has PLANNED failure built into it .A light Bulb can last 50 years ...no problem and is a typical example of why we need so much money these days .
Shopping was'nt a frequent act 50 years ago because the fashion,fads,trends machines had'nt got into full swing yet .Recession is largely an orchestrated game .Allow crime to rise and the price of property goes up with other industries appearing out of nowhere .It's a false idea mostly kept alive by widespread apathy .

Cuddlesworth · 23-04-2012 2:52pm

paddyandy wrote: »

My Boiler went like so many things way before it's natural demise because it was planned that way .Everything we buy has PLANNED failure built into it .A light Bulb can last 50 years ...no problem and is a typical example of why we need so much money these days .
Shopping was'nt a frequent act 50 years ago because the fashion,fads,trends machines had'nt got into full swing yet .Recession is largely an orchestrated game .Allow crime to rise and the price of property goes up with other industries appearing out of nowhere .It's a false idea mostly kept alive by widespread apathy .

Wrong place. You want the conspiracy theory's forum.

Zebra3 · 23-04-2012 3:04pm

As they say it's a recession when your neighbour loses his job and a depression when you lose yours.

There is an element of luck in whether or not people have lost their jobs over the last few years, but there was also an undeniable element of sheer stupidity in the way some people borrowed during the boom years and I'm not refering to those who borrowed big to have a basic home to live in.

Sleepy · 23-04-2012 3:21pm

I'm probably taking home about €500 less a month now than I was in 2007, but I had a kid that year too so I'm not sure if it's the lower wages or the having kids that has me broke all the time: probably both!

Gmol · 23-04-2012 3:28pm

Sleepy wrote: »

I'm probably taking home about €500 less a month now than I was in 2007, but I had a kid that year too so I'm not sure if it's the lower wages or the having kids that has me broke all the time: probably both!

Nearly the same as you, are you me????:D

RoverZT · 23-04-2012 3:46pm

engrish? wrote: »

Jesus. I'm sorry to hear.

Is there an average age on boards? I think the recession hit people above 30 most, if you bought a house at the peak 2006/2007 you would be 30 now. A lot of the people commenting here are saying they are 25 or so - you would have been too young to get fully wrapped up in it.

I think your right with the age group.

The generation of people born in the early/late 70's who are now into there 30's have been hardest hit.

Alot of them had stable jobs, good enough money and fooled into a sense of financial security.

People born in the mid 80's like myself were too young and dodged a bullet.

I consider myself sensible, but I could have easily got a mortgage, decided to have start a family and then wife or myself lose or job and bang.

neil_hosey · 23-04-2012 4:13pm

Nothingbetter2d wrote: »

in a way the it sector has been hit... with all the other companies closing down there is less n less it staff needed to maintain the computers for those companies.

The strength of the IT sector in ireland is not in maintain PC's, its in software development, at all sorts of levels, in every form of industry. Every company is looking for ways of making their biz processes more efficient, saving a few quid.

Kaner2004 · 23-04-2012 6:04pm

RoverZT wrote: »

Haha

I love those replies.

I didn't buy a car, an expensive house, foreign holiday homes, I am so great.

Unemployment has went from 5% to 14%, your were lucky, you could have easily lost your job.

You should just admit you were lucky.I know I am very lucky.

Loads of people just like you lost there jobs.Hard working, modest, living within there means.

Media doesn't talk about them, instead has made up a world of people like your friends daughter.

20 year old celtic girl who was 14 at the time of the boom, I somehow doubt that story:rolleyes: Swimming in coke at 14 years old, lol.

I hate them too. I did buy cars houses, holidays - the whole lot.
I still do. Houses and apartments sold long, long ago. House I live in all paid off.

If you are ready and willing to act before a boom and spot both boom and recession before they happen then they can be great for making money. Yes, i was lucky, but i was smart too.

But if you spend all your time watching and just commenting on whats happening instead of acting, then you will not gain from booms or recessions.

Anyone tells me they knew it was coming the first thing i say is "Did you buy a house and invest in the markets before the boom you saw coming and then sell before the bust you saw coming? If they say no, then they did not KNOW anything, they guessed and things just went the way they guessed.

And to people worrying - Dont. Recession always end - just like booms. No point worrying, just get yourself in position for the recovery, so you can profit out of it. Now the 80's - when everyone from your class went straight down to the dole office - that was a recession, but we got good at snooker

Sea Filly · 23-04-2012 6:30pm

Kaner2004 wrote: »

Anyone tells me they knew it was coming the first thing i say is "Did you buy a house and invest in the markets before the boom you saw coming and then sell before the bust you saw coming? If they say no, then they did not KNOW anything

Or.... they weren't in the position to invest in a house or the markets?

tallus · 23-04-2012 7:01pm

Bought my house in 1996 when I was living within my means.

I'm a printer by trade, which paid quite well at the time, but alas it started goind downhill in the late 90's. I took voluntary redundancy in 2005 and got a job working for a relative that didn't really work out, so I ended up living off my redundancy money. A stupid move I know, but the printing trade was gone to pot and it was very hard to get a job there. It was the only thing I knew at the time.

Eventually the money started to run out and I had to sign on the dole (something I had never had to do in 30 years of employment). The social welfare folks put me on to FAS, and I ended up working on a Community Employment Scheme for close to two years, with an average weekly pay of around 220E.
I did several courses while on the Community Employment and learned some new skills which eventually led to my current job. (Managing a database for a marketing company in Naas. It's a bloody hard job with very low pay and I'm just about existing financially at the moment. I haven't had a rise since starting here due to the recession, quite the opposite, as I was on the back to work scheme which pays on top of your wages, 75% of your dole for the first year of employment, 50% for the second and 25% for the third year, and none for the final year. So my income has slowly declined over the last four years, which has not been helped with rising prices everywhere etc.
I can't afford to go out to the pub, as it's too expensive, but I do get a few cans or bottles on weekends and visit relatives for a social drink or two.

I can barely afford to pay all of my bills at the moment, and I'm a little bit behind on my mortgage but it's nothing too serious.
So to answer the OP, I don't think I'll be getting over it for a while to come, and I think you would probably have a different attitude if you were in a similar position financially. (not taking a dig at you by the way, but just expressing an opinion.)

Dangerous Man · 23-04-2012 7:13pm

onlyrocknroll wrote: »

Reminds me of cancer.

I don't suffer from it personally, so I wish that those people boring people who do would just get over it.

Are you mentally retarded? WTF is wrong with you?

xflyer · 23-04-2012 7:35pm

This thread proves what I've been telling everyone around me for some time now. Not enough people in this country have yet been hit hard enough by this recession. That's why we haven't had riots and real mass protests as seen in other countries.

Judging by the smug comments here some of you are very shortly going to get the shock of your lives. Each budget in the next few years will have to raise billions. The government so far has hit all the easy targets. The 'low lying fruit' to use their own words has been harvested. Don't worry OP your time will come. You can be sure you will be paying a lot more tax in future years.

Plus once the government starts to hit the public service hard. The real fun and games will start.

Even if they recession ends elsewhere we will still owe all that money. Your taxes will be used to to prop up the banks and pay back the EU and IMF.

For those who say 'What recession'. Well you need to get out from your Ivory palaces. It's all around you. Have a chat with Vincent De Paul or visit the local dole office and abuse the lazy unemployed. A trip to airport might be in order too. You can enjoy watching tearful families seeing off their children to all points overseas.

Gits!

Kaner2004 · 23-04-2012 9:43pm

xflyer wrote: »

This thread proves what I've been telling everyone around me for some time now. Not enough people in this country have yet been hit hard enough by this recession. That's why we haven't had riots and real mass protests as seen in other countries.

Judging by the smug comments here some of you are very shortly going to get the shock of your lives. Each budget in the next few years will have to raise billions. The government so far has hit all the easy targets. The 'low lying fruit' to use their own words has been harvested. Don't worry OP your time will come. You can be sure you will be paying a lot more tax in future years.

Plus once the government starts to hit the public service hard. The real fun and games will start.

Even if they recession ends elsewhere we will still owe all that money. Your taxes will be used to to prop up the banks and pay back the EU and IMF.

For those who say 'What recession'. Well you need to get out from your Ivory palaces. It's all around you. Have a chat with Vincent De Paul or visit the local dole office and abuse the lazy unemployed. A trip to airport might be in order too. You can enjoy watching tearful families seeing off their children to all points overseas.

Gits!

The people who the recession hasnt hit are the ones best equiped to just up sticks and leave the country. Who will pay for the country if they are "persuaded" to leave when taxes hit the tipping point.

PrincessLola · 23-04-2012 10:10pm

anhedonia wrote: »

rollcall, anyone else not buy a ridiculously priced house in the boom years, and still have a job?

the IT sector hasnt been hit, so there must quite a few techies here on boards?

the recession is mentioned in nearly every thread I read, yawn, and Im thinking jesus get over it!

Anyone? Beuller?

This whole recession business is really getting old.

That's mature. Something doesn't directly affect you so you tell people to "get over it".

The recession has not directly affected me either.

But I still care about it a lot, because I have empathy for other peoples problems, because I'm not a sociopath.

Pottler · 23-04-2012 11:07pm

Dubit10 wrote: »

Yeap big time. Wages have been cut by 40% and have had to cut back on everything after wife lost her job as a care worker. Also one of my friends took his own life after losing everything including job,home and then family.

This ^. I was stunned last week when a guy I knew well killed himself. His family say it was down to money problems. I was honestly gutted as I thought he was a great guy and we had only spoken the day before. I spoke to another friend about it and when I rang him he said he was going to a funeral himself later that day - a neighbour had hung himself. Went to do a job the next day and the other team working on the project was headed up by a guy I hadnt seen in a few years. His crew were a day behind with their work as.. they had gone to the funeral of a friend who hung himself over money problems. Whatever about recession and austerity, this seems to be the huge unspoken cost of the economic fallout, an epidemic of suicides. Totally ****e and it is taking some of the hardest working people who have simply lost hope. I find this sh1tty tbh and it really bugs me. All those men left wives and children............ anyway....yeah, what recession.......

fatfacee · 23-04-2012 11:10pm

What's a recession?

latenia · 23-04-2012 11:19pm

The only way you could not notice or care is if you have no friends...

Pottler · 23-04-2012 11:19pm

fatfacee wrote: »

What's a recession?

It's kinda like a tosser who won't fcuk off, eat sh1t and die.:)

Thrill · 23-04-2012 11:21pm

The recession hasn't affected me yet, but it's only just getting started.

xflyer · 23-04-2012 11:26pm

Kaner2004 wrote: »

The people who the recession hasnt hit are the ones best equiped to just up sticks and leave the country. Who will pay for the country if they are "persuaded" to leave when taxes hit the tipping point.

You mean the rich because they're the only ones in that position. If anyone seriously thinks they will be badly hit then they don't know the history of this country. In any case they're aren't enough rich people paying taxes to keep this country afloat. So whether they stay or go is neither here nor there. But you can be damm sure the Labour party will try to tax them out of existence.

No, the people who will be hit in the future are the likes of the OP and others who right now are wondering what the fuss is about. When the time comes they can't leave because frankly everyone's house is now in negative equity. They will have children in school and no desire to go anyway and won't be exactly employable in other countries.

If you haven't been hit by the recession, well thank your lucky stars and start saving hard now. You'll need it. We will all need it sooner or later.

MickySticks · 23-04-2012 11:43pm

xflyer wrote: »

This thread proves what I've been telling everyone around me for some time now. Not enough people in this country have yet been hit hard enough by this recession. That's why we haven't had riots and real mass protests as seen in other countries.

Judging by the smug comments here some of you are very shortly going to get the shock of your lives. Each budget in the next few years will have to raise billions. The government so far has hit all the easy targets. The 'low lying fruit' to use their own words has been harvested. Don't worry OP your time will come. You can be sure you will be paying a lot more tax in future years.

Plus once the government starts to hit the public service hard. The real fun and games will start.

Even if they recession ends elsewhere we will still owe all that money. Your taxes will be used to to prop up the banks and pay back the EU and IMF.

For those who say 'What recession'. Well you need to get out from your Ivory palaces. It's all around you. Have a chat with Vincent De Paul or visit the local dole office and abuse the lazy unemployed. A trip to airport might be in order too. You can enjoy watching tearful families seeing off their children to all points overseas.

Gits!

This!

People will look back on this thread in 10 years and wish not been able to afford to go to the pub is the only problem they have. It hasn't even begun yet folks!

billybudd · 24-04-2012 12:16am

The recession is not exclusive to people who bought expensive houses or indeed lived outside of their means.

It is with devastating effect pushing alot of people over the edge in to an array of disturbing places that a decent society should be ashmed of and not boasting about , some serious dickhead posts in this thread.

Zebra3 · 24-04-2012 12:27am

xflyer wrote: »

In any case they're aren't enough rich people paying taxes to keep this country afloat. So whether they stay or go is neither here nor there. But you can be damm sure the Labour party will try to tax them out of existence.

Are you for f****** real? Labour tax the rich? Wtf?

Labour are led by a bunch of sell-outs who are now earning big bucks and have no intention of taxing the rich (i.e. themselves).

Anyone know how their former leader Dick Spring is doing? A good socialist like himself, what has he been doing since he left politics? :rolleyes:

melekalikimaka · 24-04-2012 12:58am

Zebra3 wrote: »

Are you for f****** real? Labour tax the rich? Wtf?

Labour are led by a bunch of sell-outs who are now earning big bucks and have no intention of taxing the rich (i.e. themselves).

Anyone know how their former leader Dick Spring is doing? A good socialist like himself, what has he been doing since he left politics? :rolleyes:

with that sig, i dont think you can really talk about tax...

that is my opinion as a tax payer

okiss · 24-04-2012 1:24am

Having read some of the posting here I would like to say that some of you need to grow up. Do you know how lucky you are to have jobs where you can pay your bills, rent/mortgage ect.
This recession has effected so many people and not all of them where living the high life on borrowed money during the so called boom times.
I was speaking to a guy I know in his early 30's and he told me that a lot of his friends have left Ireland or are on the dole as they can't get work. I also know of couples where both have lost there jobs so they are trying to live on the dole, bring up kids on this worrying about how long more they will keep the house they live in. Many so called secure jobs have now gone and money worries are leading to health problems ect.
I know people who are still in jobs and working hard to stay in work and they tell me I am lucky to be working when the it not the case for so many.
No one can afford to look down on any one at the moment because things may be good for you now but you don't know what will happen in the future.

patwicklow · 24-04-2012 1:33am

Any fool could see it coming i always said the bubble would burst like 600-700k
for a house that is thrown up was just laughable and people queing up for them.

Thefirestarter · 24-04-2012 2:30am

xflyer wrote: »

This thread proves what I've been telling everyone around me for some time now. Not enough people in this country have yet been hit hard enough by this recession. That's why we haven't had riots and real mass protests as seen in other countries.

Judging by the smug comments here some of you are very shortly going to get the shock of your lives. Each budget in the next few years will have to raise billions. The government so far has hit all the easy targets. The 'low lying fruit' to use their own words has been harvested. Don't worry OP your time will come. You can be sure you will be paying a lot more tax in future years.

Plus once the government starts to hit the public service hard. The real fun and games will start.

Even if they recession ends elsewhere we will still owe all that money. Your taxes will be used to to prop up the banks and pay back the EU and IMF.

For those who say 'What recession'. Well you need to get out from your Ivory palaces. It's all around you. Have a chat with Vincent De Paul or visit the local dole office and abuse the lazy unemployed. A trip to airport might be in order too. You can enjoy watching tearful families seeing off their children to all points overseas.

Gits!

Have you a knife I can borrow? Bloody hell.

Some positive thinking would do people good on here. I'm not sure what you advantage it would be to wish unemployment on others as you suggested, or what sort of satisfaction that would bring to yourself, just so you can "Told you so!". Now, that's not to say I don't feel the recession or acknowledge it, that a section of our society is going through some really tough times and more face that possibility.

This thread may be an oxymoron, but let's not get ourselves down with this talk.

Onwards and Upwards.

smokedeels · 24-04-2012 3:07am

Nope.

That said, I think I'm one of a few people to actively get out of the IT sector in the past year.

Zebra3 · 24-04-2012 3:22am

melekalikimaka wrote: »

with that sig, i dont think you can really talk about tax...

that is my opinion as a tax payer

Well as a taxpayer who is totally p***ed off paying for the pensions of corrupt politicians and private gambling debts, I couldn't give a toss what you think.

If you wanna keep handing your money over like a fool, go ahead....

xflyer · 24-04-2012 8:38am

Firestarter, positive thinking won't change the numbers. I don't wish this on anyone. But judging by this thread a lot of people seem to think they've escaped the worst of it. It's not just the recession here that's the problem. Even if the whole world economy picks up. We as in WE will be picking up the tab for the mess in this country for years into the future.

The government austerity programme has only started. Every year they wil have to take another few billion out of our pockets and we'll need another bail out.

I really don't think some you understand just how bad the situation is.

Even if the economy picks up and unemployment begins to drop. Taxes will stay high and get higher and there will be continuing cuts into the future.

What I'm saying is get ready for it if you are in the lucky position that you haven't yet been affected.

NiallFH · 24-04-2012 9:09am

Still in uni so it wouldnt really have an impact on me, always been able to get part time work and managed to get a placement for my year out. Doing CiT so shouldn't really hit me even when I graduate, plenty of jobs in my sector.

The mother and her husband never lost their jobs, still have the house and plenty of luxaries, really cant complain.

The da on the other hand can get hardly any work so I would probably feel it more if I lived with him.

To be honest I find it hard to wrap my head around the whole thing, one minute there are plenty of jobs and money and then they all start to dissappear and everyone, countries and individuals owe tons of money, who the heck is all this money owed to? And surely if building projects and what not didnt cease people could get work and pay it back sooner.

Fecking idiots in charge -.-

smash · 24-04-2012 9:11am

anhedonia wrote: »

the IT sector hasnt been hit

This is one of the biggest myths about the recession.

Statistician · 24-04-2012 9:32am

NiallFH wrote: »

To be honest I find it hard to wrap my head around the whole thing, one minute there are plenty of jobs and money and then they all start to dissappear and everyone, countries and individuals owe tons of money, who the heck is all this money owed to? And surely if building projects and what not didnt cease people could get work and pay it back sooner.

Fecking idiots in charge -.-

Ireland joined the Eurozone and got access to lots of cheap money from Europe. Prior to that, only the more 'secure' countries got the cheap money (ie low interest rates) because they were less of a risk.

The Government borrowed oodles of the cheap money and used it to effectively buy power. They were able to inflate the wages and perks of the public sector and shove loads of borrowed money into the country. All this money trickled into people's pay packets. They kept voting FF. Everyone was happy.

All this extra money, and not enough houses inflated the price of property. Then people saw that the prices were going up at a crazy rate so the speculators entered the scene. They started buying 'investment' properties and a disconnect happened. The prices of property didn't accurately reflect demand and how much people could really afford. The banks then allowed people to borrow more, because they banks were also profiting from the property bubble. The regulator seemed to turn a blind eye to it all.

Then one day someone released that it was all a dream. Irish 3 bed semis weren't really 'worth' half a million. The credit crunch happened. Banks couldn't borrow any more and should have collapsed. The politicians didn't like the idea of certain people losing money so they kindly let the tax payers of Ireland have all the debts.

The aftermath is that the country is still spending too much, thanks to FF and now FG. Taking all the money back out of the country is ultimately resulting in job losses.

melekalikimaka · 24-04-2012 9:39am

Zebra3 wrote: »

Well as a taxpayer who is totally p***ed off paying for the pensions of corrupt politicians and private gambling debts, I couldn't give a toss what you think.

If you wanna keep handing your money over like a fool, go ahead....

refusing to pay your taxes isn't a justified response to the issue. Not all politicians are corrupt, the 'private gambling debts' is a buzz term thrown about alot here, and has been discussed alot and no point in going into the merits of the bail out again. I am not in the slightest bit suprised you're uninterested in my opinion.

Statistician · 24-04-2012 9:49am

melekalikimaka wrote: »

refusing to pay your taxes isn't a justified response to the issue. Not all politicians are corrupt, the 'private gambling debts' is a buzz term thrown about alot here, and has been discussed alot and no point in going into the merits of the bail out again. I am not in the slightest bit suprised you're uninterested in my opinion.

Refusing to pay taxes is a justified response, indeed it is our duty. I believe that our taxes are being misappropriated.
As long as people are compliant we will continue along this path to our demise. Not paying taxes and charges is may be the most effective way to change what is happening.

onlyrocknroll · 24-04-2012 10:21am

Dangerous Man wrote: »

Are you mentally retarded? WTF is wrong with you?

I assume your irony detector is broken. Compare my post with the OPs and you might get it.

Cokeistan · 24-04-2012 10:43am

I'm a student in the IT sector that's currently on placement. By the way things are looking, e.g. Apple announcing 500 jobs in Cork, I'm hoping I'll be OK when it comes to getting a decent well paid job after I graduate. My parents didn't seem to be affected by the recession too much, they weren't stupid enough to take out a loan they knew they wouldn't be able to pay back, unlike half the country :P

MadYaker · 24-04-2012 10:58am

xflyer wrote: »

Firestarter, positive thinking won't change the numbers. I don't wish this on anyone. But judging by this thread a lot of people seem to think they've escaped the worst of it. It's not just the recession here that's the problem. Even if the whole world economy picks up. We as in WE will be picking up the tab for the mess in this country for years into the future.

The government austerity programme has only started. Every year they wil have to take another few billion out of our pockets and we'll need another bail out.

I really don't think some you understand just how bad the situation is.

Even if the economy picks up and unemployment begins to drop. Taxes will stay high and get higher and there will be continuing cuts into the future.

What I'm saying is get ready for it if you are in the lucky position that you haven't yet been affected.

You're extremely pessimistic. We are an export market, if the international economy does pickup the burden on Irish taxpayers will be reduced significantly as the government will be making money from exports and it won't all have to come from us. Your post suggests you think the state of the world economy has no effect on our situation and thats simply not correct.

WoollyRedHat · 24-04-2012 11:01am

anhedonia wrote: »

rollcall, anyone else not buy a ridiculously priced house in the boom years, and still have a job?

the IT sector hasnt been hit, so there must quite a few techies here on boards?

the recession is mentioned in nearly every thread I read, yawn, and Im thinking jesus get over it!

Anyone? Beuller?

This whole recession business is really getting old.

What has Ferris Bueller got to do with the recession?

xflyer · 24-04-2012 11:26am

MadYaker wrote: »

You're extremely pessimistic. We are an export market, if the international economy does pickup the burden on Irish taxpayers will be reduced significantly as the government will be making money from exports and it won't all have to come from us. Your post suggests you think the state of the world economy has no effect on our situation and thats simply not correct.

That's seem to be the attitude of the government too. They're putting off the real cuts and tax hikes becaue they're hoping for the general economy outside of Ireland to pick up. But that's like delaying paying your bills because you're hoping to win the lottery.

The tax take from exports will have to be enormous to avoid any further cuts and taxes. But remember we are very dependant on multi national exports. The tax take from them is proporionally small unless we want to increase corporate tax.

This isn't pessimism it's realism. The money needed is enormous and their is only one source and that's the taxpayer. Unreasonable optimism got us into this mess in the first place. A bit of realism is needed now.

It's clear too that many people have not yet been really affected by all this. Mainly this is because both last governments have been reluctant to go down the Greek route and make the real cuts needed. This has lulled people into a false optimism.

People need to wake up. The 'It'll be grand' attitude needs to be left behind.

44leto · 24-04-2012 11:32am

Yeah I notice the recession, I am locked in a holding pattern, I don't want to commit myself to any borrowing or any longterm projects. I would like a new job, but I have 2 hopes and both add up to none. Also my lifestyle has taken a dive, I don't go out as much and I watch my pennies.

Ahh well there is always the lotto.

I am not miserable about it, I just get on with it, I am in noway unhappier then I was, but I am definitely healthier.

Red_Wake · 24-04-2012 11:37am

smash wrote: »

This is one of the biggest myths about the recession.

You sir, are completely wrong.;)

biko · 24-04-2012 11:44am

anhedonia wrote: »

rollcall, anyone else not buy a ridiculously priced house in the boom years, and still have a job?

the IT sector hasnt been hit, so there must quite a few techies here on boards?

the recession is mentioned in nearly every thread I read, yawn, and Im thinking jesus get over it!

Anyone? Beuller?

This whole recession business is really getting old.

Some people are on their knees with debt. And just because you are not you're like "get over it, whatever".
That pretty harsh.

Btw I'm the same as you, no mortgage and still a job but I wouldn't rub it in people's faces.

Kaner2004 · 24-04-2012 7:39pm

xflyer wrote: »

Firestarter, positive thinking won't change the numbers. I don't wish this on anyone. But judging by this thread a lot of people seem to think they've escaped the worst of it. It's not just the recession here that's the problem. Even if the whole world economy picks up. We as in WE will be picking up the tab for the mess in this country for years into the future.

The government austerity programme has only started. Every year they wil have to take another few billion out of our pockets and we'll need another bail out.

I really don't think some you understand just how bad the situation is.

Even if the economy picks up and unemployment begins to drop. Taxes will stay high and get higher and there will be continuing cuts into the future.

What I'm saying is get ready for it if you are in the lucky position that you haven't yet been affected.

I wont be picking up any pieces. You can do that yourself after you tax me and others like me out of the country. Its ironic that then very people being hit hardest with taxes are the very ones most equipped to up sticks and work in another country

MadYaker · 24-04-2012 7:50pm

xflyer wrote: »

That's seem to be the attitude of the government too. They're putting off the real cuts and tax hikes becaue they're hoping for the general economy outside of Ireland to pick up. But that's like delaying paying your bills because you're hoping to win the lottery.

The tax take from exports will have to be enormous to avoid any further cuts and taxes. But remember we are very dependant on multi national exports. The tax take from them is proporionally small unless we want to increase corporate tax.

This isn't pessimism it's realism. The money needed is enormous and their is only one source and that's the taxpayer. Unreasonable optimism got us into this mess in the first place. A bit of realism is needed now.

It's clear too that many people have not yet been really affected by all this. Mainly this is because both last governments have been reluctant to go down the Greek route and make the real cuts needed. This has lulled people into a false optimism.

People need to wake up. The 'It'll be grand' attitude needs to be left behind.

I agree with most of what you're saying, in my post above I didn't mean to suggest that the taxpayer would not have to take any more pressure if the world economy picked up, but it would help. In your previous you suggested that the state of the world economy made no difference to us, when in reality it does. It wouldn't solve all our problems but it would make a difference.

The recession hasn't had any serious effects on me, I'm a 21 year old student my parents are both highly qualified and have good jobs but they don't give me a cent or let me live at home so recession or no recession I'm still working nights/weekends to pay my way through college regardless.

coco_lola · 24-04-2012 8:03pm

I notice the recession in the form of taxes and USC. I'm on a higher annual salary than I was two years ago, but my monthly income is lower. However, I'm in a (what I hope is) pretty stable industry, and the only debt I have is a small car loan, and a credit card... Which I have cut up

44leto · 24-04-2012 8:06pm

coco_lola wrote: »

I notice the recession in the form of taxes and USC. I'm on a higher annual salary than I was two years ago, but my monthly income is lower. However, I'm in a (what I hope is) pretty stable industry, and the only debt I have is a small car loan, and a credit card... Which I have cut up

Don't forget to cancel it as well otherwise you will still pay the 30euro tax on it.

Dangerous Man · 24-04-2012 8:33pm

onlyrocknroll wrote: »

I assume your irony detector is broken. Compare my post with the OPs and you might get it.

I did a re-read -- yup fair cop, my sarcasm detector was out of whack on that one. I apologize.

anyone else not notice or care about the recession?

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