Stability treaty, what way should I vote?

Slideshowbob

What are the pros and cons of a yes or no vote in layman's terms?

SMASH THE UNIONS

My understanding is that a No vote will mean the government no longer has access to bailout money from Europe, meaning Ireland will be forced to undergo more severe austerity. Politicians and civil servants will have their wages slashed, social welfare payments will be reduced, and the countless quangos the taxpayer is currently funding will be shut down. Ireland will only be able to spend money it actually has. No more borrowing at extortionate rates so we can live beyond our means. I'm open to correction if my synopsis is inaccurate.

This situation appeals to me greatly. I've never voted for Sinn Fein or the socialists in my entire life and probably never will, but I agree with their stance on the Fiscal Treaty. No to the treaty means No to the gravy train. We must learn our lessons from blowing the Celtic Tiger boom. We shouldn't borrow money we can't afford to repay.

Tin Foil Hat

Pros:-
We'll be at 'the Heart of Europe'.
There'll be loads of jobs and investment and stuff, same as there was after Lisbon.
Our future will be secure.
Angela won't be mad at Enda.

Cons:-
We'll be changing our constitution forever in return for possibly getting slightly better terms on a loan we mightn't even need.
It will further advance a political experiment that has left three participating countries bankrupt and at least a further two on the verge of bankruptcy.

syklops

SMASH THE UNIONS wrote: »

My understanding is that a No vote will mean the government no longer has access to bailout money from Europe, meaning Ireland will be forced to undergo more severe austerity. Politicians and civil servants will have their wages slashed, social welfare payments will be reduced, and the countless quangos the taxpayer is currently funding will be shut down. Ireland will only be able to spend money it actually has. No more borrowing at extortionate rates so we can live beyond our means. I'm open to correction if my synopsis is inaccurate.

While you are theoretically correct in what would happen with a no vote, can I ask you, what happenes when 450,000 welfare recipents go to collect their dole and there isn't any? Such a situation is possible if we have no money and can't borrow any from Europe. I suspect an Irish attitude of "twill be alright on the night" is at play here.

Dr Galen

We've already got several threads open on this topic, and this one isn't really adding any extra quality to those discussions tbh.

Cheers

DrG

Dr Galen

We've already got several threads open on this topic, and this one isn't really adding any extra quality to those discussions tbh.

Cheers

DrG