tom1ie wrote: » So where does the expense of running NI go?
tom1ie wrote: » So you reckon we can reform NI. As I said previous how long will this take? What happens to the PS workers that leave the PS? Dole? Again who pays for this? It will take years to reform NI, years where we pick up the tab via higher taxes or reduced services.
AngeloArgue wrote: » Imagine viewing your fellow people as economic burdens. Jonathan Swift made a mockery of such a callous attitude 300 years ago.
ittakestwo wrote: » Can't find this €5bn annual figure for NI. The deficit from below link is about €10bn annually.https://en.wikipedia.org/wiki/Northern_Ireland_fiscal_deficit#:~:text=Although%20the%20absolute%20size%20of,year%20from%201970%20to%202000.
Fionn1952 wrote: » Yes, if we continue with your grossly simplified approach where we don't make any changes and just continue with NI remaining exactly the same except with Ireland footing the bill, it would certainly be a disaster. Just a quick question for you....in this strange, world you live in, where nothing changes and we treat global economies like a household budget.....how exactly did the North East of the country go from being the economic powerhouse of this island to an absolute sh*tshow?!
maccored wrote: » the issue of money raises its head in reorganising the country to run as one. NI wouldnt exist and there wouldnt be a '5 billion yearly charge' you keep on keeping on there. if you think a UI is basically the Republic + NI = UI then you are so far off the mark you arent worth debating with
tom1ie wrote: » No. They have common sense. Explain to me who pays the 5 billion yearly recurring charge?
tom1ie wrote: » So keep lumping on sovereign debt for years to come. Great plan sure nothing can go wrong.
[Deleted User] wrote: » Okay, I'm done with mr clueless. The rest of ye can pander to him if you like. Best to let their posts make them look economically illiterate.
tom1ie wrote: » At least 5 billion and the cost of running NI occurs every year.
Fionn1952 wrote: » If we take the grossly simplified view of treating a country's economy like your household budget, your constantly repeated position on the matter makes perfect sense.
FrancieBrady wrote: » 5 billion. And the idea that it is recurrig
tom1ie wrote: » To pay for a 5b recurring charge we’d have to balance the books in the other direction. That’s either lower costs or raise income (taxes). Basic accounting.
tom1ie wrote: » What figure?
tom1ie wrote: » We pay a certain amount of tax to pay for what we have now. If we take on 5b extra taxes go up or services go down. That’s not including the cost of the initial investment. Are you willing to accept that? I’m not tbh.
FrancieBrady wrote: » You are guessing at a figure.
ittakestwo wrote: » Why will it be €5bn to support NI when it costs the UK €10bn? Also if 30% of the workforce in NI are in the public service. And pay in the ROI public service is on average 40% higher than that of the UK. Surly if there was a UI the €10bn would balloon up not down.
BonnieSituation wrote: » Sure why not. You think there's gonna be a €5bn annual charge to reunify. So why not just take your cash, it makes as much sense as the argument you're trying to make.Tom1ie: Prove to me how we pay for this thing I've just made up? You're saying we CAN'T afford it. I think you should show us how we can't afford an extra €5bn a year.
Beltby wrote: » 5 billion now. A lot less once reforms are introduced. Do you think the North will have 30% of its workforce working in the public sector forever, for example, in the event of a UI?
[Deleted User] wrote: » It's hard to show you when your grasp of economics ends with '£5b cost bad.'
FrancieBrady wrote: » We pay for it like we pay for everything else. The public service could be reduced in the transitin period by an embargo on recruitment, early retirement packages, natural retirement, redeployment etc etc. There will be a transition period, there will be investment and aid. That 'cost' figure isn't a recurring one, it can be reduced.
tom1ie wrote: » Is that a serious answer yeah? Is that the sum of your argument?
tom1ie wrote: » How long will it take to get that 5bill yearly cost down? What is our track record like in reducing civil service jobs in our own area? If we reduce civil service jobs in the north what does these people do then if there are not enough private sector jobs available? Go on the dole? Who pays for that?
tom1ie wrote: » What haven’t I answered. I am all for a unified Ireland if someone can show me how we pay for it.