Ballso wrote: » Any kind of prudent financial management grounded in economic reality makes you a "Tory" to the free gaffs for everyone brigade. Even the most chronically stupid & ignorant won't buy the shinnernomics nonsense with the scale of the economic crisis we are about to plunge into. Sinn Fein and their fantasyland promises are finished.
landofthetree wrote: » https://m.youtube.com/watch?v=yyk06c0sXmw
landofthetree wrote: » SF said we could spent an extra 23billion a year by 2025.
smurgen wrote: » Wrong. if anything this crisis will show the right wing for what they are. There will be a massive change to economics after this away from the thin social nets being pushed by the likes of the Tories and the Trump admin. You've billion dollar companies in the U.S looking for bailouts after 1, week of downtime. Do you honestly think people will buy that?
smurgen wrote: » FG and there ilk cynically asked where the magic money tree was before this. Seems like they're using a magic money tree now.
landofthetree wrote: » It's being borrowed in s national emergency. It will have to be paid back. Meaning austerity in the future.
smurgen wrote: » If they hadn't mismanaged the longest boom period in our history we wouldn't need further austerity. Right now our infrastructure is crumbling and our rainy day fund exhausted. Some government.
Ballso wrote: » This emergency spending will destroy our economy. SF wanted to do this as business as usual...
Mortelaro wrote: » That's pure ignorance or just wilful sh1te The EU commission has allowed all member states to borrow more than the 3% CBD limit as necessary for the duration of this health crisis There is no Equivocation with pre covid 19
Ballso wrote: » FG mismanaged the economy? Our economy was in rude health prior to this crisis with a budget surplus and full employment. Can you imagine heading into this with the Venezuelan type economic situation Sinn Fein would bring in? Even the thought is terrifying. SF need to go away and come back with their fantasy economics after the big boys have fixed the economy again.
smurgen wrote: » FG done nothing to help the economy.this is evident. It was a global economic boom. The evidence for this will be when we enter recession and the FG clowns tell us there's nothing we can do with unemployment because it's a global recession.total gaslighting crap.
Ballso wrote: » So the increase from 15% to full employment is down to the global economy but the fallout from the upcoming crash will not be down to the global economy but to FG? That's handy
smurgen wrote: » Surely if the raised the economy the last time from their own party policy they can just do the same again no? Or are they just going to stop trying?
smurgen wrote: » Oh ya?is that why the EU commission called on them to up their spending?https://www.independent.ie/business/irish/start-acting-like-a-rich-country-ibec-and-eu-call-for-infrastructure-38993983.html
Mortelaro wrote: » That's pre pandemic Since then,EU governments have had the growth and stability pact relaxed allowing the kitchen sink to be thrown at this Try to keep up Or stay ignorant take your pick
smurgen wrote: » They were being asked to up their spending before it also.that's my point.the way you were hinting was that they were being restricted til now by the EU but only relaxed just now because restrictions were lifting. You're either a liar or ignorant.
Mortelaro wrote: » You are going on with balderdash Last February, it was not possible for governments to spend the kind of money they are now on coffid 19 or anything ,(nor was that contemplated )because of a CBD restriction under the growth and stability pact They are now allowed to do what they like pretty much,money wise, in terms of supporting the economy This is not normal and certainly not sustainable forever,nor would we hope that it would be Go get a good Economics book
Field east wrote: » All All the NOs well predate the beginning of the onset of the virus even on an international level. No TD or any element of the media reported at the time of everybody saying NO reported on the impact that the virus would have on any aspect of the Irish nation. Since then all things have CHANGED UTTERLY- for example all manifestos are now obselate and need to be completely redrawn . The country going to having a projected €11bn available over 5 yrs to maybe having to borrow up to €20bn + to have any kind of a reasonable program. Because the economy will need an immediate boost at the very first opportunity , building affordable/ social houses with very cheap money would provide such an opportunity along , of course with other actions
smurgen wrote: » Wait so you're saying the European commission was recommending the Government to break its own rules on spending?
smurgen wrote: » Keep using the word balderdash,it might start making sense if you use it another 2/3 times maybe. Meanwhile caretaker government spending away with minimal supervision and treating the press using Trumpesque tactics.https://twitter.com/gavreilly/status/1245851088898740224?s=19
Mortelaro wrote: » No
Mortelaro wrote: » Go get a good Economics book
smurgen wrote: » Ya caught out with the finnerbot mental gymnastics.sit this one out