"The Economy is in a Sweet Spot"

paw patrol · 17-04-2019 06:46PM

lawred2 wrote: »

this is the online equivalent of my folks coming to Dublin, tut tutting and saying "no recession around here hai" - as if there's technically a recession anywhere. Having a crap time of it personally does not mean a recession.

seriously absolutely nothing in that post has anything to do with the strength or health of the Irish economy.

just a load of party political moans...

no doubt you'll be out on the beat for some FF hack in the next while.

I fully agree but people aren't stupid . We are being told things are good yet many people don't see or experience that. They are in the sh1t much of the country is in the sh1t.

Sure they are using the word "recession" in the incorrect manner but it's a bit trite to use that as a counter argument without anything else. Doing so is the same vein as grammer Nazism …..it's just stupid and doesn't address the point.

The economic measures don't take into account peoples individual circumstance..

You can't just ignore them. Well you can but prepare for trouble in the future...

Franz Von Peppercorn · 17-04-2019 06:52PM

Wildly Boaring wrote: »

Handy how IBEC report says we all have enough pay

Weren’t they worried about losing competitiveness if wages rose, or that rents and crèche costs would increase. Utter nonsense economic analysis.

Del.Monte · 17-04-2019 06:55PM

lawred2 wrote: »

this is the online equivalent of my folks coming to Dublin, tut tutting and saying "no recession around here hai" - as if there's technically a recession anywhere. Having a crap time of it personally does not mean a recession.

seriously absolutely nothing in that post has anything to do with the strength or health of the Irish economy.

just a load of party political moans...

no doubt you'll be out on the beat for some FF hack in the next while.

If only you knew, I wouldn't vote for a mainstream party to save my life much less canvas for one.

Idbatterim · 17-04-2019 07:03PM

EmmetSpiceland wrote: »

Who, or what, is “Splinter”?

Splinter the giant rat from teenage mutant ninja turtles, also known as Leo Varadkar ....

EmmetSpiceland · 17-04-2019 07:06PM

Idbatterim wrote: »

Splinter the giant rat from teenage mutant ninja turtles, also known as Leo Varadkar ....

Thank you, I’m aware of the show and I’m guessing it’s meant as a slight on the Taoiseach but wasn’t Splinter the wise and benevolent “master” of the Turtles?

Idbatterim · 17-04-2019 07:17PM

EmmetSpiceland wrote: »

Thank you, I’m aware of the show and I’m guessing it’s meant as a slight on the Taoiseach but wasn’t Splinter the wise and benevolent “master” of the Turtles?

The only master Leo Varadkar has, is the likes of Kennedy wilson and his cronies!

He wants to turn young workers into a nation of life long renters, while others get their housing provided for nothing on the back of these working renters living hand to mouth! Fcuking pathetic!

Grandeeod · 17-04-2019 07:28PM

paw patrol wrote: »

I fully agree but people aren't stupid . We are being told things are good yet many people don't see or experience that. They are in the sh1t much of the country is in the sh1t.

Sure they are using the word "recession" in the incorrect manner but it's a bit trite to use that as a counter argument without anything else. Doing so is the same vein as grammer Nazism …..it's just stupid and doesn't address the point.

The economic measures don't take into account peoples individual circumstance..

You can't just ignore them. Well you can but prepare for trouble in the future...

This is why I asked a couple of posters if they thought the economy was in a sweet spot and citizens had the opportunity to have fulfilling lives.

The answer? Yes the economy is great and your other point is not linked to the economy/there are opportunities if you are willing to work for them. I could predict the answers. There is a particular refusal among economists both amateur and professional to examine the reality between a country's economy and circumstances on the ground. While many of the OPs points aren't traditionally linked with the economy in specific measurable terms, they can be seen as barometres to where we are at. We may be at full employment, but I had a recent experience with two people that worked for a large corporate in the GDA and they shared a hotel room Mon -Fri because they could neither find nor afford accommodation anywhere near their place of employment. That is a very very poor scenario in a country that is supposedly doing well. Tip of the iceberg.

blindside88 · 17-04-2019 08:17PM

The economy is indeed in a good position.

I believe that far too many people are making a song and dance about the “homeless crisis”. There are genuinely some people that are on hard times but there are vastly more people who couldn’t be arsed to work for a home and want everything handed to them.

There are also plenty of jobs for those that want to work but again there are people with no qualifications that think they’re entitled to €1000 a week take home for doing damn all.

The big thing I think a lot of people in this country can’t get their head around is that everyone doesn’t need to live in Dublin, especially if they’re not working. There are plenty of houses around the country for less than €150k which can be bought by 2 people earning €30k a piece. People spending €300 a month on pcp, €100 a month on sky and €60 a month on a mobile phone while complaining that they live in poverty.

If people feel Ireland is such a terrible place to live they can get a Ryanair flight out of here very cheaply

Idbatterim · 17-04-2019 08:56PM

That story above about living in hotels Monday to Friday is the tip of the ice berg. I have one employee who has had to move eighteen times in less than a year in Dublin. Of course I appreciate many of you that don’t have first hand experience of the disaster that is the Dublin market. Rte won’t fill you in on it either. Their only intersted in parasites feeding off the ground ax payers, much like their hosts , they have a lot in common ...

mloc123 · 17-04-2019 08:59PM

blindside88 wrote: »

People spending €300 a month on pcp, €100 a month on sky and €60 a month on a mobile phone while complaining that they live in poverty.

This!! You can be sure their parents didn't have monthly outgoings like that... "but houses were affordable for our parents", their parents didn't spend money on luxuries that they consider essentials.

RobertKK · 17-04-2019 09:06PM

The whole electronic voting machine and their storage waste of money scandal ended years ago.

There are always risks to the economy, Ireland is an island but the economy isn’t, let’s not worry, life is short without the sky is falling down attitude.

Grandeeod · 17-04-2019 09:15PM

mloc123 wrote: »

This!! You can be sure their parents didn't have monthly outgoings like that... "but houses were affordable for our parents", their parents didn't spend money on luxuries that they consider essentials.

How old are you???

I'm in my late 40s. My father had car finance from UDT Bank. He paid the company that preceeded Cablelink in Dublin for a TV service and on top of that was paying the P&T/Telecom Eireann for a fooking phoneline. We lived in a council house and he was still able to save up a deposit and buy a house. All by 1988.

Mr. teddywinkles · 17-04-2019 09:16PM

I'm sure the ol Egyptians had full employment too

Idbatterim · 17-04-2019 09:44PM

My parents bought their house in Dublin in 1989 for less than a years average industrial wage for a single earner. Yes I know about the higher interest rates. But That house now , would cost at least ten times the average industrial wage, at least!

This bull**** line of “ it’s always been difficult “ yeah , it’s just several factors more difficult now !

Del.Monte · 17-04-2019 09:48PM

blindside88 wrote: »

The economy is indeed in a good position.

I believe that far too many people are making a song and dance about the “homeless crisis”. There are genuinely some people that are on hard times but there are vastly more people who couldn’t be arsed to work for a home and want everything handed to them.

There are also plenty of jobs for those that want to work but again there are people with no qualifications that think they’re entitled to €1000 a week take home for doing damn all.

The big thing I think a lot of people in this country can’t get their head around is that everyone doesn’t need to live in Dublin, especially if they’re not working. There are plenty of houses around the country for less than €150k which can be bought by 2 people earning €30k a piece. People spending €300 a month on pcp, €100 a month on sky and €60 a month on a mobile phone while complaining that they live in poverty.

If people feel Ireland is such a terrible place to live they can get a Ryanair flight out of here very cheaply

You sound a lot like Bertie Ahern and his suicide speech. You're alright Jack so everyone else can **** off.

mloc123 · 17-04-2019 09:55PM

Grandeeod wrote: »

How old are you???

I'm in my late 40s. My father had car finance from UDT Bank. He paid the company that preceeded Cablelink in Dublin for a TV service and on top of that was paying the P&T/Telecom Eireann for a fooking phoneline. We lived in a council house and he was still able to save up a deposit and buy a house. All by 1988.

Mid 30s... apart from a landline my parents did not waste money at the same rate young couples do today.

Somehow we managed to save a deposit, get a mortgage and buy a house by 25 without gifts or handouts from family.. so I have little sympathy for 30 year olds complaining now.

Balanadan · 17-04-2019 09:56PM

mloc123 wrote: »

Mid 30s... apart from a landline my parents did not waste money at the same rate young couples do today.

Somehow we managed to save a deposit, get a mortgage and buy a house by 25 without gifts or handouts from family.. so I have little sympathy for 30 year olds complaining now.

Yeah, that's true enough.

Grandeeod · 17-04-2019 10:08PM

mloc123 wrote: »

Mid 30s... apart from a landline my parents did not waste money at the same rate young couples do today.

Somehow we managed to save a deposit, get a mortgage and buy a house by 25 without gifts or handouts from family.. so I have little sympathy for 30 year olds complaining now.

I've outlined my parents so called luxury as per your post I quoted and you come back with "somehow" for your own circumstances? In fact your response doesn't even warrant any further debate. You have a drawbridge/I'm alright jack attitude. I'm not even talking about buying a house. I'm more interested in younger people being actually able to afford renting a house.

wyf437gn6btzue · 17-04-2019 10:10PM

Farawayhome wrote: »

The gap is widening!!

Has it ever occured to you that some people are just sh*t with money and others are less sh*t? Some people make terrible life decisions and some people make better ones?

Life is not fair, we all don`t get the same crack of the whip. People insist on pushing the wealth inequality agenda like the world is fair and because they are in a certain situation that it must be someone else`s fault.

Idbatterim · 17-04-2019 10:14PM

mloc123 wrote: »

Mid 30s... apart from a landline my parents did not waste money at the same rate young couples do today.

Somehow we managed to save a deposit, get a mortgage and buy a house by 25 without gifts or handouts from family.. so I have little sympathy for 30 year olds complaining now.

Right and here we go. I want context. What year did you buy ? The only people I know now are working couples on generous alaries WITH a bailout for the deposit from their folks. Guaranteed ladies and gentlemen that they are earning more than many here who will tell you they “struggled” like I said. It’s relative , the equivalent of a struggle then for many, would be the current situation of no chance of saving for deposit. How can you if not living at home or unless you are paying pocket change Rent ...

hmmm · 17-04-2019 10:17PM

We've lots of people just coming back from their annual skiing holidays, pub restaurants are hopping on a Sunday, even some of the so-called poorest families in Ireland still seem to be watching Sky Sports. We have some of the highest paid public service in the world, we have tens of thousands of young people working on good salaries, and a low unemployment rate which means anyone who has a bit of go about them can get a job.

We have a problem with housing, most of which is caused by slow recovery from a property crash, and a lot of which is caused by politicians meddling - particularly those who take their advice from the left/handout industry. Meanwhile it seems to be impossible for anyone who has a property to get evicted, no matter how much they take the p**s.

It's tough to be negative, but some people will still try.

listermint · 17-04-2019 10:20PM

Idbatterim wrote: »

That story above about living in hotels Monday to Friday is the tip of the ice berg. I have one employee who has had to move eighteen times in less than a year in Dublin. Of course I appreciate many of you that don’t have first hand experience of the disaster that is the Dublin market. Rte won’t fill you in on it either. Their only intersted in parasites feeding off the ground ax payers, much like their hosts , they have a lot in common ...

I think most people are actually fully aware of how bad the rental market is.

But we also don't go around calling people Rats. It's actually more of a demonstration of yourself than the object of your ire.

I'm no fan of politicians whatsoever in fact wanted to see the back of the gormless enda for years . But I wouldnt call him a rat.

As for the housing market you are , I hope aware this is a global problem and a global phenomenon. That doesn't excuse Ireland as needing to take steps and actions to address but this same thing is happening the world over. So a bit of a reality check there son.

Idbatterim · 17-04-2019 10:22PM

hmmm wrote: »

We've lots of people just coming back from their annual skiing holidays, pub restaurants are hopping on a Sunday, even some of the so-called poorest families in Ireland still seem to be watching Sky Sports. We have some of the highest paid public service in the world, we have tens of thousands of young people working on good salaries, and a low unemployment rate which means anyone who has a bit of go about them can get a job.

It's tough to be negative, but some people will still try.

Lol! I’ll hazard a guess that you are trying to rent in Dublin? Paying two thousand a month for a one bed apartment that is acceptable ?

I don’t have as much as an issue with the buying side of things. But the renting side is off the wall. Watch realestate4ransom on YouTube. It’s totally Understandable why those government rats do what they do with property, from their own selfish perspective. But it’s a moral dIsgrace. They are however spineless rats here in government, no fight in them. Hey a few serious marches going to Leinster House , set up tents and camp outside till they sort the issue. Funny how they could solve a very complex hank guarantee scheme in a matter of hours with tens of billions of taxpayers euro on the line. They’ve had eight years of overnights in power to address housing and it’s getting worse. Maybe it’s coincidence or maybe I’m a massive tin foil hatter...

In relation to the above post , I’m aware it’s a global thing. It’s also a despicable thing...

blindside88 · 17-04-2019 10:37PM

Del.Monte wrote: »

You sound a lot like Bertie Ahern and his suicide speech. You're alright Jack so everyone else can **** off.

All I’m saying is the country is not in anywhere as bad a state as some bleeding hearts like to make out. Dublin rental market is crazy but as I pointed out everyone doesn’t need to live in Dublin. I commented from Carlow for 5 years which allowed me to save a deposit, buy a house and then take a lower paying job outside of Dublin as the mortgage was cheaper as was the cost of living. I grew up in a council house as my parents were on low incomes, some people do need assistance from the state but not to the extent that is being made out by he media and online.

hmmm · 17-04-2019 10:38PM

Idbatterim wrote: »

Lol! I’ll hazard a guess that you are trying to rent in Dublin? Paying two thousand a month for a one bed apartment that is acceptable ?

Of course not. But current policies are driving landlords out of the market, so rents will have to go up - sorry, but that's just the way it is. Similarly the government banned bedsits, which I appreciate were not very nice but gave a lot of poor people accommodation.

On top of that, the requirement to build social housing in private developments, along with a plethora of taxes, means that developers don't want to build and people don't want to buy.

And then to cap it all off, we have a manufactured "homelessness" crisis, that the government and the taxpayers know is false, so there is in fact very little pressure on the government to build more social housing. If we had a more realistic view of the situation, there would be less attention on handing out houses to people who don't want to work, and more attention on building cheap housing for people who do work.

Colonel Claptrap · 17-04-2019 10:39PM

Idbatterim wrote: »

Lol! I’ll hazard a guess that you are trying to rent in Dublin? Paying two thousand a month for a one bed apartment that is acceptable ?

I don’t have as much as an issue with the buying side of things. But the renting side is off the wall. Watch realestate4ransom on YouTube. It’s totally Understandable why those government rats do what they do with property, from their own selfish perspective. But it’s a moral dIsgrace. They are however spineless rats here in government, no fight in them. Hey a few serious marches going to Leinster House , set up tents and camp outside till they sort the issue. Funny how they could solve a very complex hank guarantee scheme in a matter of hours with tens of billions of taxpayers euro on the line. They’ve had eight years of overnights in power to address housing and it’s getting worse. Maybe it’s coincidence or maybe I’m a massive tin foil hatter...

In relation to the above post , I’m aware it’s a global thing. It’s also a despicable thing...

Specifically which steps would you have taken in each of those 8 years?

Please provide costings.

How would that money be raised each year?

Throw into the mix your demand that income tax be reduced for your employees.

Back of an envelope sums should suffice.

Have at it.

theguzman · 17-04-2019 10:43PM

Until the trade unions are crushed and the HSE got rid of then Ireland will be forever in the toilet. Booming economy for what? to pay over 70% tax, better draw the dole and enjoy life than go to work for to pay 70% tax. Over 400,000 are now employed by the state. What a sick joke, get rid of the majority of these and slash taxes and welfare spending. And divert funds into proper infrastructure not free houses for bums on welfare.

eagle eye · 17-04-2019 10:44PM

The full employment thing is a complete farce. I don't have the figures but I'm aware that there are a hell of a lot of people who have been forced off the jobseekers and onto courses. These courses take over their welfare payments so they are officially off the unemployment register.

17-04-2019 10:44PM

Idbatterim wrote: »

Lol! I’ll hazard a guess that you are trying to rent in Dublin? Paying two thousand a month for a one bed apartment that is acceptable ?

I don’t have as much as an issue with the buying side of things. But the renting side is off the wall. Watch realestate4ransom on YouTube. It’s totally Understandable why those government rats do what they do with property, from their own selfish perspective. But it’s a moral dIsgrace. They are however spineless rats here in government, no fight in them. Hey a few serious marches going to Leinster House , set up tents and camp outside till they sort the issue. Funny how they could solve a very complex hank guarantee scheme in a matter of hours with tens of billions of taxpayers euro on the line. They’ve had eight years of overnights in power to address housing and it’s getting worse. Maybe it’s coincidence or maybe I’m a massive tin foil hatter...

In relation to the above post , I’m aware it’s a global thing. It’s also a despicable thing...

Are you running in the upcoming council or European elections? Canvassing on behalf of your preferred candidate? Waiting to run in the next general election?

I look forward to seeing what economic policy you implement.

17-04-2019 10:45PM

theguzman wrote: »

Until the trade unions are crushed and the HSE got rid of then Ireland will be forever in the toilet. Booming economy for what? to pay over 70% tax, better draw the dole and enjoy life than go to work for to pay 70% tax. Over 400,000 are now employed by the state. What a sick joke, get rid of the majority of these and slash taxes and welfare spending. And divert funds into proper infrastructure not free houses for bums on welfare.

How do you pay 70% tax?

"The Economy is in a Sweet Spot"

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