jay0109 wrote: » I do't know how many times this has to be explained to people. The Bank bailout cost about 40bn. The other 80bn was the cost of running the country for 2010-2017 while we lived beyond our means...spending was greater than income. Because we didn't really make the hard decisions...we borrowed instead.
easypazz wrote: » Or when you could bring a replica grenade or gun on a plane.
Dakota Dan wrote: » Can anyone explain why Ireland’s largest hospital is practically empty even the respiratory lab is empty?https://mobile.twitter.com/DeplorableJim79/status/1243804933117358082?fbclid=IwAR0hvY9UntswyeyF9iRFQjGiIJFo0JHc_9c1SSuyZAEWc4SNvTk4Mk_hDbI
Dakota Dan wrote: » I was just asking no need to get all defensive over it.
donaghs wrote: » Depends what the forseeable is. I think most people would prefer let the 20-50 year old workforce take the low risk of dying, if the alternative was another Great Depression.
IAMAMORON wrote: » The economy is actually not that fúcked either. It is a bailout of circa 8 billion. That is 4% of the bank bailout. I am media cynical and I have noticed TV3 news ramping up the economic panic the last few days. It actually is no real biggie. To put things in perspective, every penny in extra dole payments gets poured back into our domestic economy. Where else can it be spent? 23% of it goes straight back to the government in VAT. The rest the supermarkets get and they will pay tax on their profits, and on and on. It is not as bad as people are making out. It is not good and some businesses will go bust, but the world is not ending. This virus will pass and people will recover, despite the drama. If you want drama go to central Lombardy and open up the Deaths column in the local newspaper, it is now filling 8 pages a day.
MadYaker wrote: » Coveney seems to think it's awful bad if they have to extend this to the end of the month, is that not what most people were sort of expecting? (apart from the nutters who think this can go on for months) Its not even a real lockdown compared to Spain or Italy.
facehugger99 wrote: » He's softening up the bedroom-dwellers for the easing of restrictions that are coming in the next few weeks.
hmmm wrote: » Full lockdown now!!!! :rolleyes: I see the Twitter mob have now decided that us all wearing masks is the solution. First it was Paddy's day cancellations was the answer, then shutting the pubs, then stopping everyone going for a walk, now it's masks. It's exhausting. Another week of this and they'll have us all welded into our houses. I think we still don't understand enough as to how the virus is spread to really bring in much lifting of restrictions. Unfortunately, because the current restrictions are a blind man wielding a sledgehammer to squash a nut.
tdf7187 wrote: » The restrictions are already causing disproportionate hardship and should be relaxed if not entirely removed. Sweden has none and is doing fine. But hey it's great for the coppers and their overtime so celebrate.
AdamD wrote: » Not to mention a huge number of businesses will collapse, tourism has collapsed, companies will stop all capital investment, Consumer spending will plummet. This is going to be huge economically
GreeBo wrote: » Sure why not just murder anyone over 70 to solve the pension problem? Or murder anyone over 50 to solve the housing problem for younger people? This whole sacrificing some people to make life better for others seems like a great idea! Do you have a newsletter or Podcast I can subscribe to?
TheCitizen wrote: » So you think that the current strategy is OTT do you? Do you think that the powers that be make decisions like this likely? Strange attitude from some posters on here
Yakult wrote: » Theres your problem. Twitter. It's ****e during the best of times. Avoid like the plague.
TheCitizen wrote: » The recent banking crisis added 120 billion to the national debt. This will be something like 30 billion according to recent projections, and it's bailing out citizens and enterprise in this country. Money better spent with a return from it unlike the black hole they poured 120 billion into.
hmmm wrote: » The current strategy is there because we don't know enough to make it more targeted. Once we know more about how the virus spreads (not Twitter speculation), we'll be able to target restrictions more accurately. South Korea didn't implement much in the way of a lockdown, but they have been successful in controlling spread - there's an answer in there somewhere.
sbs2010 wrote: » Wuhan are relaxing restrictions 7-14 days after no new cases reported. That sounds reasonable. So our lockdown should end 14 days after last confirmed case. As long as there's loads of testing going on all the time.
Thelonious Monk wrote: » Yeah your posts are always dramatic, you need to chill. What I mean is this whole thing will change the world in many ways with travel and gatherings etc., never mind how f*cked the economy is. It's a watershed moment like 9/11.
IAMAMORON wrote: » I have not heard 30 billion been bandied about anywhere. The figure is between 8-9 billion. Just a bit of math for you to get things in perspective. There are an extra 283,000 unemployed from the pandemic. They are getting paid an extra 350 pw. That is the same as an extra 99 million a week. It takes 10 weeks to get to a billion in extra payments. This is nowhere near 30 billion. It is also worth noting that all the payments will eventually arrive back to the state via taxation. 23% in VAT for starters. A certain could theoretically be saved, but whilst this is unlikely, it will eventually be spent. So of the actual 8 billion Pascal O'Donoghue quoted the state will get back 23 % immediately, about 2 billion. The rest gets spent on retail, all this money is also subject to tax … etc etc. Phuck the journalists, they have to spoof about something, the economy is as good a thing to bash as anything right now. The fact remains that the bailout is there to enable the entire country to survive during a crisis. It is emergency spending money which the state will get back indirectly. The supermarkets are making a tonne of money right now, they have never been busier. Think of all the times you might go for a meal or have a pint etc or even fast food, you are now having to do that yourself. The supermarkets are creaming it.
IAMAMORON wrote: » I have not heard 30 billion been bandied about anywhere. The figure is between 8-9 billion. Just a bit of math for you to get things in perspective. There are an extra 283,000 unemployed from the pandemic. They are getting paid an extra 350 pw. That is the same as an extra 99 million a week. It takes 10 weeks to get to a billion in extra payments. This is nowhere near 30 billion. It is also worth noting that all the payments will eventually arrive back to the state via taxation. 23% in VAT for starters. A certain could theoretically be saved, but whilst this is unlikely, it will eventually be spent. So of the actual 8 billion Pascal O'Donoghue quoted the state will get back 23 % immediately, about 2 billion. The rest gets spent on retail, all this money is also subject to tax … etc etc. .
jmayo wrote: » Countries have actually managed it. Granted they are usually on their knees and nearing defeat. Because they couldn't give a sh** about others. They are young healthy and don't think they will need a hospital, so what if they are overwhelmed. They are "I'm alright so feck the rest of ye". They are part of the modern generations who have been reared in an Ireland which for the most part gave them almost everything they wanted when they wanted it. Granted the only hiccup to that has been the cost of accommodation and ability to buy a home. I guess some of them may even be happy that lots of the elderly will be popping their clogs and the houses they have been selfishly taking up will be released to the market. Fooking morons. Absolute fooking morons. As I said they couldn't give a rats ass about anyone. All they care about is their lifestyle is being impinged and they will lose money. And even though they keep on about the economy, they don't appear to notice that we are a huge exporting economy and there isn't demand for some of those goods and services in other countries at the moment. Demand for anything bar medical related has fallen off a clift. Also even if we open pubs and restaurants, do they expect them to be full of people. Of course the me feiners and the morons will be back, but will the rest of the people. The part of the economy that is tourism is non existent at the moment and for the foreseeable future as people simply are not travelling. And when the whinging about the economy is not seen to be working, the old faithful is dragged out, the onset of mass mental illness. FFS one would think half the country is suffering from mental illness or suicidal tendencies listening to some posters. It is like listening to kids complain they are bored, even though they have multiple 24hr a day TV stations, radio, internet, tablets, mobile phones, computer games, computers and those good old fashioned things called books are even now available on electronic devices.
AdamD wrote: » If you think this is only going to cost 8 billion... In all the back of the hand calculations being done in this thread people seem to be missing out on the fact that not only are the government paying out huge amounts in new welfare, they're missing out on huge amounts of income tax these people would have been paying. Not to mention a huge number of businesses will collapse, tourism has collapsed, companies will stop all capital investment, Consumer spending will plummet. This is going to be huge economically
![Photo of [Deleted User]](https://w8.vanillicon.com/v2/8a022abb175d445f2b5b8a1c545f3d3f.svg)
![Photo of [Deleted User]](https://w2.vanillicon.com/v2/2577f66f9d0b27e99b234435b7a05f49.svg)
