Minister says welfare spend remains biggest stimulus in economy

Xcellor

Good thing or bad thing.

http://www.irishtimes.com/business/economy/ireland/cutting-welfare-by-440m-would-deflate-economy-burton-1.1473557

Glad someone has money to spend.

Mr Benevolent

Dole money mostly gets dumped back into the economy and ultimately back into the government's coffers. No surprise there.

Dravokivich

As Bear Grylls will advise, the more you drink your piss, the worse it gets for you to drink it. The Government giving money to those without, to spend, to claim back on VAT and other taxes, to give back to those without leads to less and less money long term. Just like constantly drinking your own piss again and again.

squod

The gubberment spend as much (€20bn) on pay and pensions for their own, and PS workers. No one is raving mad about that. Targeting OAPs, the frustrated jobless and carers is where we're going with this debate I presume.

jayo11

Xcellor wrote: »

Good thing or bad thing.

http://www.irishtimes.com/business/economy/ireland/cutting-welfare-by-440m-would-deflate-economy-burton-1.1473557

Glad someone has money to spend.

What's your opinion?

goose2005

Unlikely, as that cut money could be spent elsewhere. Using that money to, say, employ people repairing water pipes or creating forests would surely be a better way of ensuring future prosperity than just handing it out

spank_inferno

goose2005 wrote: »

Unlikely, as that cut money could be spent elsewhere. Using that money to, say, employ people repairing water pipes or creating forests would surely be a better way of ensuring future prosperity than just handing it out

All of these things are being done by state companies already.

BTW.... how many forests would you like?

Gannicus

I work in the city centre and this week alone there are at least 6 or 7 places (bars, cafe's, restaurants and a shoe shop) all within a 2 minute walk of my work place.
Looking for both full and part-time staff. Not exactly jobs that would require years of college to get but decent honourable jobs all the same.

I said it to a few of my friends and they are not arsed because after the bus fare they would "only" be about €40 better off a week.

I think cutting the welfare more and more for certain types of people (eg. single, no dependants, no mortgage) will force them to look for a job regardless of what it is thus taking the strain off the tax payer and government services reducing tax also and letting the mass populous spend more.

The clowns in Leinster House should just means test everyone that way they can really save money in the long run.

spank_inferno

Big Steve wrote: »

I think cutting the welfare more and more for certain types of people (eg. single, no dependants, no mortgage) will force them to look for a job regardless of what it is.

The people you mention already receive the least.

Cutting more ensures poverty, and jobs are not plentifull.

shruikan2553

Big Steve wrote: »

I work in the city centre and this week alone there are at least 6 or 7 places (bars, cafe's, restaurants and a shoe shop) all within a 2 minute walk of my work place.
Looking for both full and part-time staff. Not exactly jobs that would require years of college to get but decent honourable jobs all the same.

I said it to a few of my friends and they are not arsed because after the bus fare they would "only" be about €40 better off a week.

I think cutting the welfare more and more for certain types of people (eg. single, no dependants, no mortgage) will force them to look for a job regardless of what it is thus taking the strain off the tax payer and government services reducing tax also and letting the mass populous spend more.

The clowns in Leinster House should just means test everyone that way they can really save money in the long run.

Problem is those jobs would be looking for people with 2 years experience in retail/bar work. Its grand if you have the experience but as a student I havent been able to get those jobs

Wompa1

shruikan2553 wrote: »

Problem is those jobs would be looking for people with 2 years experience in retail/bar work. Its grand if you have the experience but as a student I havent been able to get those jobs

If only there was an internship for a person to get the experience they require to be attractive enough to be hired for a full time job.

Capercaille

Big Steve wrote: »

I work in the city centre and this week alone there are at least 6 or 7 places (bars, cafe's, restaurants and a shoe shop) all within a 2 minute walk of my work place.
Looking for both full and part-time staff. Not exactly jobs that would require years of college to get but decent honourable jobs all the same.

I said it to a few of my friends and they are not arsed because after the bus fare they would "only" be about €40 better off a week.

.

People on the dole who get offered employment, but who don't take the job should have their dole cut off. They wouldn't be too long getting work then.

Gannicus

spank_inferno wrote: »

Cutting more ensures poverty, and jobs are not plentifull.

I am not saying that there is a job out there for everyone on the dole but there are quite a few jobs.

Unfortunately the people of this country en-masse have a stick up their ass about where to work.

In fact I can tell you now the cafe's and the resaurant state nothing about previous experience required in the signs in the window, they just state: "must have fluent English" highlighted on them.

I think more cuts will make people take these jobs and keep them because they will not want to go back onto the low levels of welfare we would be paying if the cuts came through

Capercaille wrote: »

People on the dole who get offered employment, but who don't take the job should have their dole cut off. They wouldn't be too long getting work then.

I couldn't agree more. My mate's little brother was contacted by the social welfare to say they had purposely set up an interview for him to work in a hotel kitchen based on his previous experience and he didn't even bother his bo**ox to show up for it. The social never even followed up with him as to why he was a no show at the SCHEDULED interview

hmmm

Clearly if everyone who bothered working handed over 100% of their wages to Labour, who paid it out to those on the dole, the country would be much better off.

shruikan2553

Wompa1 wrote: »

If only there was an internship for a person to get the experience they require to be attractive enough to be hired for a full time job.

If we get jobbridge to last for 2 years then they'll be sorted. Plenty of jobs like that available there.

armchair fusilier

Big Steve wrote: »

I am not saying that there is a job out there for everyone on the dole but there are quite a few jobs.

How many is "quite a few" though? According to Eurostat, in Ireland, there is 26 unemployed people for every job vacancy. Then, how many of those 26 have the skills and experience to get those jobs that are availbe e.g. the IT skills shortage. Plus, not all job vacancies are filled by those who are currently unemployed.

KyussBishop

It's pretty simple: If you cut public spending, or increase taxes, you are reducing the flow of money going into the private economy, and thus dampening private growth.

Taxes aren't the only source of money (it's not a closed system, where the only option is to 'drink your own piss' ), you've got money tied up in savings (accessed through offering government bonds - Ireland can't do this sustainably, but Europe as a whole can), and you've got the ECB (where you can 'turn on the taps', directed into public investment programs, until the private economy has had its fill and returned to full employment - just don't keep spending once you reach this point, because you just get inflation).

Yanis Varoufakis has it figured out pretty well:
http://yanisvaroufakis.eu/euro-crisis/modest-proposal/

Money isn't a problem, it's politics in Europe that is the problem, through holding on to a broken setup of the Euro, and refusing to reform.
Europe has all the physical resources it needs to both end the crisis, and provide excellent public services.