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Where is the cost of living crisis exactly?

1235711

Comments

  • Registered Users, Registered Users 2 Posts: 584 ✭✭✭Madeoface


    But they have unique sight of the magic beans and magic money tree that pays for all of this not like us mere mortals. In their world replacement rates and moral hazards don't exist.

    However, maybe they can pay for this by not paying teachers anymore as OP is very doing well in his/her gig....



  • Registered Users, Registered Users 2 Posts: 1,637 ✭✭✭Luxembourgo


    It's a good thing they (hopefully) have he option of working



  • Registered Users, Registered Users 2 Posts: 1,581 ✭✭✭Viscount Aggro


    Nobody should have the option of not working. It's not a lifestyle choice.



  • Registered Users, Registered Users 2 Posts: 9 Mr. Karate II


    What's the point when the end result will be the Landlords [most of whom are in Govt], shop owners and energy providers will use it as excuse to jack up their rates even higher. Thus nullifying any good effect that this might have on people.



  • Moderators, Entertainment Moderators, Social & Fun Moderators, Paid Member Posts: 21,859 Mod ✭✭✭✭Leg End Reject


    Well those with a genuine disability or caring for a relative (saving the state a hell of a lot each year) should rightly be excluded from working and given enough to ensure a good quality of life.

    The layabouts should be left to fend for themselves.



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  • Posts: 0 [Deleted User]


    I would have to disagree with this, just because we find ourselves as a civilisation in this predicament it doesn’t mean there aren’t any alternatives.

    And I’m one of those that don’t feel the cost of living going up as I’m fortunate to have a well paid job, plus the high level stresses that come with it.



  • Moderators, Education Moderators, Music Moderators Posts: 10,686 Mod ✭✭✭✭melekalikimaka




  • Registered Users, Registered Users 2 Posts: 1,389 ✭✭✭UsBus


    Religion & Geography < Real World 😉

    Op, your comment on deciding to drive less shows little grasp of what people are facing. Huge percentage of the population are totally reliant on driving for work or have no option of public transport. Try dropping 120 quid into your car every week just to get around and you'll know all about the increase



  • Registered Users, Registered Users 2 Posts: 1,162 ✭✭✭Mike Murdock




  • Registered Users, Registered Users 2 Posts: 1,581 ✭✭✭Viscount Aggro


    Known as "sedation" money.

    Just enough to stop people committing crimes to fund lifestyle.



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  • Registered Users, Registered Users 2 Posts: 5,189 ✭✭✭Brucie Bonus


    Horse manure. Only last week we were told how high employment was and the massive financial surpluses we have. Now its back to business as usual, blame the unemployed and talk of magic money trees because the reality is people are struggling.



  • Posts: 178 ✭✭ [Deleted User]


    You are struggling to see a crisis...Some people are struggling to pay their bills..going by the headline below,making the news today.

    ****

    A leading depression helpline is reporting an increase in callers whose mental health has been impacted by the cost of living crisis.



  • Registered Users, Registered Users 2 Posts: 734 ✭✭✭Newbie20


    I can’t believe how many of you are taking this person seriously, they are obviously trolling. Then they pretend that they are a teacher knowing that this will wind people up even more.

    As a teacher myself, these cost increases are hitting hard, especially with two small kids. It’s the same for any job at the moment really expect for the very well paid ones. Tricky winter ahead I’d say.



  • Registered Users, Registered Users 2 Posts: 584 ✭✭✭Madeoface


    Who blamed the unemployed for anything? 1 out of 10 shinnerbot.



  • Registered Users, Registered Users 2 Posts: 5,189 ✭✭✭Brucie Bonus


    So its SF you've a problem with, not giving the extra to welfare? Grand. And where do you stand on a surplus last week to talk of magic money trees this week?

    If people need an extra dig out, I'm okay with that.



  • Registered Users, Registered Users 2 Posts: 330 ✭✭JizzBeans


    Cutting back on frivolous spending is a valid point though



  • Registered Users, Registered Users 2 Posts: 330 ✭✭JizzBeans




  • Registered Users, Registered Users 2 Posts: 330 ✭✭JizzBeans


    But isnt this always the case? There has always been a cohort in this situation.



  • Registered Users, Registered Users 2 Posts: 168 ✭✭Beatty69


    80 euro per week is a huge amount! For some people, obviously you're earning enough that this won't have an effect on you but it certainly does on me. I don't spend 80 per week on booze and takeaways.



  • Registered Users, Registered Users 2 Posts: 1,162 ✭✭✭Mike Murdock


    If it were for a limited period of time? Fine.

    But you and I both know that you increase payments by €50 per week, it’ll be a forever payment; impossible to wean people off.



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  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    Yes 80 euro per week and s a large amount of money. However how do you eat an elephant one bite at the time.

    This is the first recession that is hitting the millennial generation. They had no family in 2008-14 so it did not effect them.

    I had to LOL with those that posted that the present inflationary period was worse than the 20O8-14 period. Wake up we have seen nothing yet. The government cannot spend us out of this one.

    In the last recession people lost there jobs and businesses some will this time as well but not as many. The people hit hardest were those with kids starting college. CA was stopped at 18 years of age and cut by 16/ month. College administration fee was increased by 500 euro and steadily increased to over 2k in 3-4 years. Cuts in tax cost another 2-3 k to average couples. Excise was added to everything.

    We still have virtually full employment for how long it will last is a good question.

    So how do you reduce costs by 80/week. You first try to reduce your spending by 20/ week then by another tenner. You will not save the full 80 but you will learn to manage with LESS.

    Whether we like it or not costs are going to increase. What is happening now is the reality of carbon tax in 3-5 years time. Everything is going to get more expensive. We will need to spend more on food and essentials and less on lifestyle choices. We will have to decide what is really a necessity and what is not. There is a lot of people who cannot understand what a necessity is.

    As for SF call to rise the doke by 50/ week. It's interesting that these are the least effected by rental costs over the last 3-4 years. This is the first cutback these people will need to make in 8-10 years. They will actually soon star to benefit from the rise in the HAP rates as many will see the co-payments they were making cease or reduce completely.

    Slava Ukrainii



  • Posts: 0 ✭✭✭ [Deleted User]


    I don't think you know what a millennial is.

    By the end of your own time frame above 2008 - 2014. Millennials could already be 33. That is more than enough time to have had a family and experience it hitting them.



  • Registered Users, Registered Users 2 Posts: 31,670 ✭✭✭✭Wanderer78


    ...pup showed us that giving welfare recipients more is not only good for them, but also good for the economy, as a significant proportion of this money is immediately spent into the economy, i.e. everyone wins!

    why would you want to wean people off this extra money, the more money in circulation in the economy, the more economic activities there are in general, which in turn creates more jobs, lowers unemployment, creates more confidence in the overall economy, therefore encourages more spending, and on and on and on.....



  • Registered Users, Registered Users 2, Paid Member Posts: 20,926 ✭✭✭✭Bass Reeves


    I know exactly what millennial's are. And yes some could be 33 in 2014 about 6% of them by 2014 the recession was coming to an end. The worst of the recession was 2010-13 the economy stated to pick up then. Only a small portion had children and if they has it was only one mostly. The recession did not hit them. Many had the option of emigration which they choose. This is the first time they face a real cost of living check.

    Slava Ukrainii



  • Registered Users, Registered Users 2 Posts: 25,160 ✭✭✭✭One eyed Jack



    Exactly! 😁

    I wasn’t sure if it was just me who thought Bass has a different idea of the millennial generation, let alone the idea that they weren’t affected by the 2008 crash. I knew huge numbers of staff who were made redundant as a consequence of the recession, people with children, families, mortgages, rent, and a whole plethora of financial responsibilities…

    Even to suggest people of that generation weren’t affected by the recession because they didn’t have children, was a bit of a head scratcher 🤔



  • Posts: 0 ✭✭✭ [Deleted User]


    Honestly pal as a millennial who lived through the 2008-2014 recession and the pre recession doom of looking like I would never be able to afford to live in Ireland you don't get to tell me what I did and did not live through.

    Many millennials as children of the 80s have more than enough experience from many angles of recessions any other view is just too simplistic to waste time on.



  • Registered Users, Registered Users 2 Posts: 31,670 ✭✭✭✭Wanderer78


    the so called 'recovery' was and is a heavily skewed perception of being, what was meant at the time, and largely still is, is that the value of assets such as property, were recovering, this was great for such asset owners, but if you didnt own assets, or still dont, you re more than likely screwed, i.e. younger generations.

    its this astonishing ignorance thats currently sinking our established government parties, they simply dont get this, so be it, their time is coming to an end, and theyre virtually causing their own end....



  • Registered Users, Registered Users 2 Posts: 42,819 ✭✭✭✭Boggles


    The vast majority of people don't see their homes as an asset or a commodity.

    The idea that they are all on the pigs back because of a roller coaster property market is quite remedial.

    Also the rental market in terms of sitting tenants is quite stable, circa 2% inflation rate. This 99%+ of all renters.

    There is problems because of this moment in time it's a sellers market, one might suggest they were due it.

    Bad time if you are looking to rent or buy, but it was the opposite for about a decade.



  • Registered Users, Registered Users 2 Posts: 31,670 ✭✭✭✭Wanderer78


    ...but the reality is, thats exactly how our political, economic and financial institutions see them, and treat them as such, hence why the metrics and models we use to express this are used as such....

    yes, im aware, owning assets does not mean you re doing well, but it gives you greater leverage in society, i.e. if you dont own assets, you re more than likely to be in greater trouble, and the longer we play this game, the more trouble those individuals are becoming

    its important to remember, what most of these individuals are actually trying to do is to provide themselves with a critical human need, i.e. 'security of accommodation', this is i nfact one of the most critical of human needs, but since we have financialised the whole process, it has now become extremely precarious for most, including many current property owners...

    rental markets are now probably at their most precarious for probably most tenents and landlords, i.e. the whole process is actually starting to collapse....



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  • Registered Users, Registered Users 2 Posts: 42,819 ✭✭✭✭Boggles


    yes, im aware, owning assets does not mean you re doing well, but it gives you greater leverage in society, i.e. if you dont own assets, you re more than likely to be in greater trouble, and the longer we play this game, the more trouble those individuals are becoming

    No it doesn't.

    In reality it gives you less leverage because ultimately you have no choice but to service that asset.



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