newstalk - finance Q+A

ilovesleep

Anyone listening to it?

Finance minsters of the parties talking about our finances and how they will fix things.

Heard lenihan say we'll protect jobs. Ok lenihan what did you do to protect jobs within the past two years? You allowed MNCs to run away.

K-9

ilovesleep wrote: »

Anyone listening to it?

Finance minsters of the parties talking about our finances and how they will fix things.

Heard lenihan say we'll protect jobs. Ok lenihan what did you do to protect jobs within the past two years? You allowed MNCs to run away.

Allowed to run away? Not sure what you mean by that.

It's pretty grim pickings tbh.

d'Oracle

Course its Grim, this is an immensely grim situation.
There is not going to be a rainbow and a better day anytime soon.

I take two things from this.
Lenihan can get fudged. The man has proven that he and the department screwed this up.
He has no right to talk this way. You cannot screw everything up and be triumphant about the fact that you started trying to fix it. What happens if something else goes wrong?

Pearse Doherty is a clown doing a bad job of the economic section of the Sinn Fein pre election circus. There is no plan there, no details, no ideas, just bluster. Take the attack of other policies and populism off him and he has absolutely nothing. Beyond Party politics, it is an embarrassment that he is even on the radio.

Richard Bruton should be given back the finance spokespersonship. (word?)

Joan is being very well behaved this morning.

gandalf

The FMC sector are the only people really hiring at the moment. If you want to see the place where Brian Lenihans failed fiscal policy has caused the most devastation all you need to do is look at the SME sector, with jobs haemorrhaging daily and company closures at a all time high. Bear in mind that the area of the economy that will bring jobs to the majority of the unemployed will be the SME indigenous sector.

Ivan is laying into Pearse "Burn the bondholders" Doherty at the moment.

K-9

gandalf wrote: »

The FMC sector are the only people really hiring at the moment. If you want to see the place where Brian Lenihans failed fiscal policy has caused the most devastation all you need to do is look at the SME sector, with jobs haemorrhaging daily and company closures at a all time high. Bear in mind that the area of the economy that will bring jobs to the majority of the unemployed will be the SME indigenous sector.

Ivan is laying into Pearse "Burn the bondholders" Doherty at the moment.

Indeed, Pearse did ask one good question "what use are exports to young Irish people?" Under the current policies, they aren't worth much to the 450,000 unemployed.

gandalf

K-9 wrote: »

Indeed, Pearse did ask one good question "what use are exports to young Irish people?" Under the current policies, they aren't worth much to the 450,000 unemployed.

Well as I said earlier the only companies that are hiring at the moment are involved in exporting. So I would say until we get the wider economy restarted and get credit flowing to SME businesses the companies exporting are the only hope a lot of us have of getting a job (I am currently unemployed myself and the majority of jobs I am applying for are with exporters).

The type of jobs that SF are talking about creating will not be sustainable in the long term. If you want to get the majority of the 450,000+ on the dole queue back to work you need to create an environment for private business to grow, I do not see that happening with Sinn Feins policies.

rodento

Did Richard talk about been a low tax party and increasing vat in the same sentence:eek:

K-9

gandalf wrote: »

Well as I said earlier the only companies that are hiring at the moment are involved in exporting. So I would say until we get the wider economy restarted and get credit flowing to SME businesses the companies exporting are the only hope a lot of us have of getting a job (I am currently unemployed myself and the majority of jobs I am applying for are with exporters).

The type of jobs that SF are talking about creating will not be sustainable in the long term. If you want to get the majority of the 450,000+ on the dole queue back to work you need to create an environment for private business to grow, I do not see that happening with Sinn Feins policies.

True and tbh, that probably isn't going to happen under any of the parties represented in that debate. SF are the easiest to attack because their figures simply don't add up.

Pete_Cavan

rodento wrote: »

Did Richard talk about been a low tax party and increasing vat in the same sentence:eek:

Yes, that is the sentence that also includes reducing the lower rate of VAT and reducing PRSI rates which you conveniently left out.

Laminations

If anyone was listening to MM on PK you'd also have heard him have his ass handed to him. But hey FFers don't mind that he was dismantled as being a spinner and smooth talker, these skills will help in the leaders debates by giving the impressionable the impression that he won. He is a clever debater but he has little substance and cannot escape his partys performance

Cookie_Monster

d'Oracle wrote: »

Joan is being very well behaved this morning.

For a change, she may finally have learned. But I think it's too late, I think she could potentially cost labour a huge number of vote. I Know I wouldn't vote Labour (I'm not for many many other reasons anyway) knowing there is a risk that she would be finance minister.