Ireland 09-14 the recession years

jk23 · 24-05-2018 11:01pm #1

How did this time affect you or your friends and family? At what stage did you realise Jesus this country is really struggling! Did it leave a mark on you and does this help you in a good or bad way?...

kingbhome · 24-05-2018 11:09pm

I ended up on the dole, plenty of time for training, being with kids more, enjoying life at the expense of the state. I was mentally and physically stronger. Now I'm back to work, lots of stress, more bills to pay and now look very tired in my 40s.

jk23 · 24-05-2018 11:12pm

kingbhome wrote: »

I ended up on the dole, plenty of time for training, being with kids more, enjoying life at the expense of the state. I was mentally and physically stronger. Now I'm back to work, lots of stress, more bills to pay and now look very tired in my 40s.

Ya I noticed way more people took up running and walking through these years. I think that was one good benefit of the economic downturn

myshirt · 24-05-2018 11:13pm

All you need to know is that Sinn Fein backed the policies of Greece and indicated they would do the same.

Where is Ireland now.

And where is Greece.

potatohouse · 24-05-2018 11:13pm

the sessions from 2009 til mid 2011ish were unbelievable. whole country on the scratcher. good times

Jimmy Dags · 24-05-2018 11:14pm

Yea plenty time for riding was had.

Topgear on Dave · 24-05-2018 11:18pm

I left, from '10 to'14

Dr. Kenneth Noisewater · 24-05-2018 11:19pm

I'm a Civil Servant and worked in Social Welfare during the recession. It'd be fair to say the recession left its mark on me. We took a fair bit of abuse both in our jobs and in the media, and came in for some incredibly unfair criticism from some quarters. However, I had my job for the duration, so I was by no means an example of someone who the recession profoundly affected.

That 4 or 5 years has made me an awful lot more conscious about the economy and society in general than I otherwise would probably have been.

Assetbacked · 24-05-2018 11:23pm

All the deadweight in pubs closed up shop which was good, those that stayed open tried to reinvent themselves by focusing on food and offering cheaper prices. There was a lot less hipster types with sustainable employment and therefore the sort of dive bar places were proper cheap and unpretentious. Now they’re expensive and quite pretentious! Bars were better essentially.

riffmongous · 24-05-2018 11:26pm

Couldn't get a job, left the country, never came back.. so you could say it's left it's mark

Snotty · 24-05-2018 11:32pm

Me and the wife did well during the recession, but more through sear luck than anything else. I had a job that everyone though was crap during the boom but suddenly I got pay rises every year of the recession and did well.
The wife lost her job in 2004, went to college, just finished at the end of the boom but started her own company in a wee resession proof business that's been going great since, there was no resession planning here, it work out that way.

NIMAN · 24-05-2018 11:34pm

Wasnt really affected much at all, which I was thankful for.

We both kept our jobs, got a new house cheaper than we would have a few years before, and had 3 kids.

But I know a lot of people who did suffer quite a bit, lost jobs, had to move to find work.

Yer Da sells Avon · 24-05-2018 11:41pm

I remember signing on the dole in late 2008 and the queue went out the door of the SW office, down the street and around the corner. Lots of time for socialising because my friends were also either unemployed or barely employed, but no money to do anything or go anywhere. Everything seemed so bleak, and yet I now look back on those days with quite a lot of nostalgia...

Mysterypunter · 25-05-2018 12:39am

How about 09-18? Its not over

Wheeliebin30 · 25-05-2018 12:42am

8.5 out of 10 people had jobs.

But I was told I was lucky to have a job.

Could never figure that one out.

endacl · 25-05-2018 1:01am

I elected to not participate in the recession.

dreamers75 · 25-05-2018 1:02am

No change, I work for a company that thrives on both recession and umm not recession.

It was just normal **** for me and family.

riffmongous · 25-05-2018 1:08am

Wheeliebin30 wrote: »

8.5 out of 10 people had jobs.

But I was told I was lucky to have a job.

Could figure that one out.

1 in 3 young people though

Looking at the graph, some people really got it easy

ireland-youth-unemployment-rate.png?s=irelandyouunerat&v=201805011006v&d1=19180101&d2=20181231

ireland-youth-unemployment-rate.png?s=irelandyouunerat&v=201805011006v&d1=19180101&d2=20181231

link

25-05-2018 1:11am

Worked through it.... went OK for me in that regard.

A friend lost his business etc, passed away in 2013 a young man.

Richard Hillman · 25-05-2018 1:34am

potatohouse wrote: »

the sessions from 2009 til mid 2011ish were unbelievable. whole country on the scratcher. good times

Ah, when going to the pub at 12 on a Wednesday was perfectly acceptable. The glory years.

myshirt · 25-05-2018 7:51am

riffmongous wrote: »

1 in 3 young people though

Looking at the graph, some people really got it easy

link

Thank you for highlighting that. This was (and is) a huge, huge issue, and a shameful scenario when you look at the detail in Ireland and I do feel for young people in this country. I'm not sure people fully grasp the impact of this on a person, their career, their family, and our economy when a person has being unemployed or in precarious employment for their formative years.

It's further compounded by the culture we have in Ireland. Look at happened in the public service for example. Young workers, often much better qualified, and much more competent, f#cked over by their older colleagues in favour of keeping the gravy train going. They are so enveloped in it they don't even get what the issue is. It shakes me to my core that these scumbags even still persist today, with the term 'pay restoration'. Vastly, vastly, vastly overpaid. It's disgusting. We have hundreds of billions of unfunded pension obligations to these people aswell. Young people pay 50% of their take home pay to the baby boomers, a generation only in that position because of direct government intervention, but somehow a generation that believe it was all their own effort.

Were unfortunately seeing a reduction in equality of opportunity for young people now with this overhang of youth unemployment and CAT rates and thresholds that are too low. I'm not a Shane Ross fan, but we need a man or woman like him who took on the transport unions, to go out there and take on the rest of those f"ckers.

25-05-2018 1:25pm

myshirt wrote: »

...........Young people pay 50% of their take home pay to the baby boomers.............

No they don't.
Nowhere near it.

If you earn €80k/annum you take home €51.5 ignoring pension contributions........65% retained as take home.
If you earn €90k/annum you take home €56.4 ignoring pension contributions........62.6% retained as take home.

I agree than many older public servants are grossly overpaid and pay restoration as a concept shouldn't apply to so so many COs and EOs and other deskbound, largely easily replaceable folk.

Raging_Ninja · 25-05-2018 1:31pm

Mysterypunter wrote: »

How about 09-18? Its not over

Lol

The only way it's not over is if you can't be bothered to get a job.

TeaBagMania · 25-05-2018 1:52pm

I was in Ireland on holiday a couple of times during that period, one time stands out in my mind more than any other.

Was in Limerick city center at a pub\restaurant having lunch and during that short period no less than three girls walked in looking for work, all turned away.
Also, lots I mean LOTS of shops were closed in the city, sad times

Was back last year and glad to report Limerick was thriving

Your Face · 25-05-2018 1:58pm

I was ok.
Friends weren't so lucky.
Lost their jobs, went on the dole, couldn't get jobs, waited around too long and became vulnerable to certain mental health issues.
I always thought of them as part of an ignored and lost generation.

Franz Von Peppercorn · 25-05-2018 2:09pm

riffmongous wrote: »

1 in 3 young people though

Looking at the graph, some people really got it easy

link

Youth unemployment still high enough at 10%

TerrorFirmer · 25-05-2018 2:10pm

It didn't really affect me as I kept a reasonably OK paid job throughout but I kick myself looking back that I didn't do the smart thing and save a lot of it instead of blowing it all on nights out and frivolous crap for several years...but then I tell myself you're only young once and I made a decent time of it.

topper75 · 25-05-2018 2:10pm

Brace for the next boom. It's going to hurt.

A lot squealing to be heard already in the rental market. Wait until Johnny Foreigner and his tradesman compatriots (wave 2) arrive over to pick up the labour shortfall of the new construction programme.
It'll be 5/6 of them earning versus an Irish couple. Who gets to rent the only house for let on the street?

Could British tariffs sit on top of such a scene? I hope not but, if so, the 2000-2008 ripoff republic was merely a prelude.

Shurimgreat · 25-05-2018 2:13pm

Didn't impact me that much as I kept a wide berth of the craziness of the property boom and didn't go into employment in the construction industry to make my fortune while screwing everyone else in the process.

Earned quite good wages in my sector and bought a fairly cheap property during the downturn.

Hence the username I suppose

razorblunt · 25-05-2018 2:15pm

Straight out of Compton college, no Grad Roles to be had anywhere so off to the UK with me. Still here.

Will definitely come back at some stage ... maybe!

amcalester · 25-05-2018 2:15pm

left in 08 when the writing was on the wall where I worked, went to London and worked for 2 more places that went bust before finding steady work between 10-14.

Moved back in late 14 and been here since.

I enjoyed my time in the UK but it wasn't until I was back in Ireland that I realised how much I missed the place.

Ireland 09-14 the recession years

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