Relaxation of Restrictions, Part VIII *Read OP For Mod Warnings*

Spanish Eyes

KrustyUCC wrote: »

Brilliant from Martin

Gotta keep non essential retail closed and a slow reopening of the economy

Couldn't get people back to work

Nah he prefers to keeping paying them instead

So what’s your problem here? The EU is giving us billions, and borrowing is just about at negative equity.

The WHOLE world is dealing with this, and I can’t see much panic yet.

KrustyUCC

Spanish Eyes wrote: »

So what’s your problem here? The EU is giving us billions, and borrowing is just about at negative equity.

The WHOLE world is dealing with this, and I can’t see much panic yet.

You're borrowing billions which will need to repaid down the line

January 2021 tax revenue is down 520M compared to January 2020.

VAT receipts are down 340M

Yeah sure borrow more instead of opening up a bit and creating some employment in March

Only thing that matters to them is COVID it seems

That and creating a gloomy picture of the rest of the year

Malcomex

KrustyUCC wrote: »

Brilliant from Martin

Gotta keep non essential retail closed and a slow reopening of the economy

Couldn't get people back to work

Nah he prefers to keeping paying them instead

Rant Alert..

KrustyUCC

On the rant scale that's fairly mild lol

Windmill100000

KrustyUCC wrote: »

You're borrowing billions which will need to repaid down the line

January 2021 tax revenue is down 520M compared to January 2020.

VAT receipts are down 340M

Yeah sure borrow more instead of opening up a bit and creating some employment in March

Only thing that matters to them is COVID it seems

That and creating a gloomy picture of the rest of the year

I dont believe for a second only covid matters. But it certainly is a priority here and in many countries.

Spanish Eyes

KrustyUCC wrote: »

You're borrowing billions which will need to repaid down the line

January 2021 tax revenue is down 520M compared to January 2020.

VAT receipts are down 340M

Yeah sure borrow more instead of opening up a bit and creating some employment in March

Only thing that matters to them is COVID it seems

That and creating a gloomy picture of the rest of the year

Borrowing is cheaper than saving now. Show me a country that does not borrow.

Opening up is going to be VERY gradual. Get used to it.


The money element and tax elements of this is not a problem at all. Best time for borrowing, which every country does all the time anyway.

At least the banks can F off together with the bond holders. They are irrelevant now and they know it. Hence no panic.

There is no country overly concerned because IMF is not needed.

FintanMcluskey

Spanish Eyes wrote: »

Borrowing is cheaper than saving now. Show me a country that does not borrow.

Opening up is going to be VERY gradual. Get used to it.


The money element and tax elements of this is not a problem at all. Best time for borrowing, which every country does all the time anyway.

At least the banks can F off together with the bond holders. They are irrelevant now and they know it. Hence no panic.

There is no country overly concerned because IMF is not needed.

Why do we limit the PUP to €350 a week?

Would it not make more sense to increase it to €1200 a week?

As you say borrowing is endless and the banks can F off. No panic

Mr. Karate

hynesie08 wrote: »

There's a certain level of pathetic you have to be to try and weaponise suicide. Congratulations.

Its a certain level of pathetic to think I am. People are committing suicide because of all of this. The lockdowns and various restrictions are worse than the disease itself.

I know it goes against the Church the Covidology so deal with it

GazzaL

FintanMcluskey wrote: »

Why do we limit the PUP to €350 a week?

Would it not make more sense to increase it to €1200 a week?

As you say borrowing is endless and the banks can F off. No panic

I'd only accept €2k per week minimum. If the TDs won't put me on a par with themselves, I will unfortunately have to continue breaking the rules.

FintanMcluskey

GazzaL wrote: »

I'd only accept €2k per week minimum. If the TDs won't put me on a par with themselves, I will unfortunately have to continue breaking the rules.

Why not pay off every outstanding mortgage in the country while making healthcare free? The money is free and inflation will mitigate the cost .

The cartoon economic’s roadshow keep harping on about free money

Why not use it so?

Windmill100000

Mr. Karate wrote: »

Its a certain level of pathetic to think I am. People are committing suicide because of all of this. The lockdowns and various restrictions are worse than the disease itself.

I know it goes against the Church the Covidology so deal with it

Tragically people commit suicide for many different reasons. An increase in numbers happened also during the recent recessions. I'm not going to say lockdown isnt a factor in some, because I am sure it has been, but there is no real way to quantify what suicides are related to lockdown, and to what degree, and what aren't.

JP Liz V1

FintanMcluskey wrote: »

83 of those deaths were in January though.

We were in January 2 days ago, the other dates are February and we still only in the 2nd day of the month

FintanMcluskey

JP Liz V1 wrote: »

We were in January 2 days ago, the other dates are February and we still only in the 2nd day of the month

It in no way supports your argument though.

Idbatterim

Dickie10 wrote: »

under 1000 cases today. end game in sight, thankfully government seem to be thinking along the lines of normal service resuming in June/July. Donnelly said he sees crowds back at sporting events and music festivals before summer is out.

June or July today? So August or September tomorrow?

Idbatterim

FintanMcluskey wrote: »

Why not pay off every outstanding mortgage in the country while making healthcare free? The money is free and inflation will mitigate the cost .

The cartoon economic’s roadshow keep harping on about free money

Why not use it so?

"Cartoon economics roadshow" 10/10

They hear the fools in rte talk about it and actually believe it. I've got some magic beans to sell them tomorrow...

Graham

Idbatterim wrote: »

"Cartoon economics roadshow" 10/10

They bear the fools in rte talk about it and actually believe it. I've got some magic beans to sell them tomorrow...

because we've already proven austerity works so well, or something else?

Medium term memory 1/10

Spanish Eyes

Spanish Eyes wrote: »

Borrowing is cheaper than saving now. Show me a country that does not borrow.

Opening up is going to be VERY gradual. Get used to it.


The money element and tax elements of this is not a problem at all. Best time for borrowing, which every country does all the time anyway.

At least the banks can F off together with the bond holders. They are irrelevant now and they know it. Hence no panic.

There is no country overly concerned because IMF is not needed.

Good lord... I can’t even bring myself to respond here.

Idbatterim

Deleted User wrote: »

January 2021 tax revenue is down 520M compared to January 2020.

VAT receipts are down 340M

The cost of this is insane!!!

Just like before the last bust, dont worry, the fundamentals are sound! Lol! We have varadkar and Mickey mouse in charge, spineless traitor weasel that they are! If they told me today was the 02.02.21 I wouldn't believe them.

But that's how you get to the top in irish politics. Dont stand out, bide your time , scratch backs, climb the dirty greasy pole...

It really explains why the political situation here is so bad...

Malcomex

Idbatterim wrote: »

Just like before the last bust, dont worry, the fundamentals are sound! Lol! We have varadkar and Mickey mouse in charge, spineless traitor weasel that they are! If they told me today was the 02.02.21 I wouldn't believe them.

But that's how you get to the top in irish politics. Dont stand out, bide your time , scratch backs, climb the dirty greasy pole...

Quality Post..

Idbatterim

Graham wrote: »

because we've already proven austerity works so well, or something else?

Medium term memory 1/10

I'm not calling for austerity, I'm just not calling for what these morons are doing, that is going to lead to the austerity bust!

They are ripping up several magic money trees now. Debt I'd outrageous, gets worse. There wint be growth to pay for it! Matjetscturn on us and bang, the " free money" , sorry no interest loan, hits credit card style rates. Exactly like last time...

We can agree to disagree, time will tell

Graham

Idbatterim wrote: »

I'm not calling for austerity, I'm just not calling for what these morons are doing, that is going to lead to the austerity bust!

You should probably tell every other first world country that they're doing it wrong too.

dublin49

Will the EU not somehow put all members Co vid Debt on the never never with some fiscal slight of hand ,is that even possible?

showpony1

The cases have dropped down to 879 bringing about hope of easing restrictions, therefore now is the time to announce "the highest ever death toll for a day" of 101 - however 83 of the deaths occcured "sometime in January" not today - Tony and the boys at it again?

This type of stuff really makes you think that there is no real cause for optimism of these lads relinquishing control ever again.

Loafing Oaf

Hmm, wonder will the above post (or poster) be still here when I log in again in the morning...

Spanish Eyes

Deleted User wrote: »

Good lord... I can’t even bring myself to respond here.

Why bother saying it, no one cares about you and your troubles. Each to their own love.

ypres5

Graham wrote: »

You should probably tell every other first world country that they're doing it wrong too.

if it's a case where its consequence free borrowing how come like other posters asked the pup is only € 350? surely if the banks are begging the government to borrow and there's absolutely zero consequences why is it not € 1500 a week ?

Spanish Eyes

Fatigue and boredom is setting in

.i know, I am a sufferer now and then. But I just get on with it like millions outside of Boards .ie wannabes. Such immaturity. But hey ho.

This pandemic affects everyone and their families and friends. Not just you.

Graham

ypres5 wrote: »

if it's a case where its consequence free borrowing how come like other posters asked the pup is only € 350? surely if the banks are begging the government to borrow and there's absolutely zero consequences why is it not € 1500 a week ?

Because that see the money spent in an uncontrolled manner.

I'd have no issue with some 'stimulus' funding as well as investment in infrastructure, education, R & D, green energy, housing, new businesses.

The idea is to keep the economy moving ready to restart with a jump.

What we don't want is to start the vicious circle of decreased spending, shrinking economy, deflation, increasing unemployment.....

ypres5

Graham wrote: »

Because that see the money spent in an uncontrolled manner.

I'd have no issue with some 'stimulus' funding as well as investment in infrastructure, education, R & D, green energy, housing, new businesses.

The idea is to keep the economy moving ready to restart with a jump.

What we don't want is to start the vicious circle of decreased spending, shrinking economy, deflation, increasing unemployment.....

but if the money can be borrowed consequence free how come the government haven't done it already?

showpony1

dalyboy wrote: »

https://www.google.com/amp/s/extra.ie/2018/02/09/news/irish-news/number-flu-deaths-far-season-doubles-70/amp

My maternal grandmother died in 2018 in the middle of the worst influenza period recorded in years. Flu was the “cause” of her death but she was 100 years old the day of her death.

My own mother was extremely upset and so was the rest of the family. However nobody was blaming any of the rest of the family / friends / care staff nurses etc that possibly infected her with flu before she passed.
It was her time and that was that.

Amazingly nobody was asking for swathes of our industrial and basic infrastructure to be shut down resulting in unimaginable damage to the fabric of our social and economic existence.

Such action would have been considered unbalanced and disproportionate to the issue in hand.

The link above is from that period. It was 36 months ago NOT 36 years ago.
How we have managed to shift from logical action of then to now is beyond my ability to work out.

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