Sinking Ship

JONJO THE MISER · 21-10-2010 06:09PM #1

Did i hear right on the news, the goverment are drawing up a budget to cut 7bn:mad:, holy smokes that's gong to kill the economy stone dead.

Liam Byrne · 21-10-2010 06:10PM

JONJO THE MISER wrote: »

Did i hear right on the news, the goverment are drawing up a budget to cut 7bn:mad:, holy smokes that's gong to kill the economy stone dead.

It's probably required because of the mess they've made of things to date.

Mind you, it's odd that they're happy to hit OUR budget while letting the scum in the banks that we own head off into the sunset with massive pensions.

Roll on the next election!!!!!!

high heels · 21-10-2010 06:13PM

Ehh the UK just cut £80 billion per year out of there budget..

I think the Irish could take out at least €7 billion..

curlzy · 21-10-2010 06:14PM

THE END IS MOTHER****ING NIGH!!!!!!

FreudianSlippers · 21-10-2010 06:16PM

high heels wrote: »

Ehh the UK just cut £80 billion per year out of there budget..

I think the Irish could take out at least €7 billion..

If CEOs and CFOs of multinational companies and banks can take a pay freeze for a year in their companies in response to the fúckup they let happen, then I think a portion of this €7billion ought to come from a freeze of the salaries of members of the Oireachtas.

JONJO THE MISER · 21-10-2010 06:16PM

If this happens hundreds of thousands of more Jobs are gonna be lost, buisness will grind to a hault and close because you cant take that much of the economy.

squod · 21-10-2010 06:17PM

Austrlians owe a trillion of thier funny dollars to somebody else. Yet we're still emigrating there for work.

Wake the fuhk up FF!

Copper23 · 21-10-2010 06:19PM

JONJO THE MISER wrote: »

Did i hear right on the news, the goverment are drawing up a budget to cut 7bn:mad:, holy smokes that's gong to kill the economy stone dead.

Here we go again.
What would you prefer? They draw up an economy which doesn't cut money we don't have? Better yet lets spend an EXTRA 7bn... will that make it all better?

Birneybau · 21-10-2010 06:19PM

high heels wrote: »

Ehh the UK just cut £80 billion per year out of there budget..

I think the Irish could take out at least €7 billion..

Ehh, the Uk's population is about 20 times the size of ours...

20 times as many tax payers etc...

FreudianSlippers · 21-10-2010 06:20PM

Copper23 wrote: »

Here we go again.
What would you prefer? They draw up an economy which doesn't cut money we don't have? Better yet lets spend an EXTRA 7bn... will that make it all better?

Well, actually, if we did spend an extra €7billion on an infrastructure project it would be better than saving €7billion in cuts.

Just a technical point

Copper23 · 21-10-2010 06:22PM

OisinT wrote: »

Well, actually, if we did spend an extra €7billion on an infrastructure project it would be better than saving €7billion in cuts.

Just a technical point

200% of zero is still zero.... just a mathematical point.

Luxie · 21-10-2010 06:23PM

Where's Terry this evening?

squod · 21-10-2010 06:24PM

Luxie wrote: »

Where's Terry this evening?

Evening? It's only half six.

FreudianSlippers · 21-10-2010 06:26PM

Birneybau wrote: »

Ehh, the Uk's population is about 20 times the size of ours...

20 times as many tax payers etc...

What does that have to do with anything?

The real key here is simple:

The GDP per capita in Ireland is €31,561
The UK GDP per capita is: €23,422

The debt of the UK is 68.5% of GDP with a €222.9billion budget deficit.
In Ireland the debt is 57.7% of GDP with a €23.3billion budget deficit.

FreudianSlippers · 21-10-2010 06:27PM

Copper23 wrote: »

200% of zero is still zero.... just a mathematical point.

We could get €7bn easily... so I don't see your point

Luxie · 21-10-2010 06:35PM

squod wrote: »

Evening? It's only half six.

Not where I am.

high heels · 21-10-2010 06:40PM

Birneybau wrote: »

Ehh, the Uk's population is about 20 times the size of ours...

20 times as many tax payers etc...

Its 10 times the population.

The cuts the Uk are making is over Twice the Irish income. Eg the Irish goverment make €35 billion a year!!!

curlzy · 21-10-2010 06:44PM

high heels wrote: »

Its 10 times the population.

The cuts the Uk are making is over Twice the Irish income. Eg the Irish goverment make €35 billion a year!!!

Rich bastards, we should start hating the English again*.

*not really

Son Of A Vidic · 21-10-2010 06:52PM

Since when did anyone think this government knew how to run the country. So if they do constrcict the economy and stifle any potential growth and recovery in the process. Well I wouldn't expect anything less from them.

joolsthedog · 21-10-2010 07:00PM

If you take the UK per capita population then on a 20:1 basis €4 bn is the right number

joolsthedog · 21-10-2010 07:04PM

The UK has wimped out on this and they continue to print money like it was going out of fashion. The North is facing £4bn cuts for a population of 1.5 million - we are getting off lightly!! Roll on seeing Fingers and Seanie in handcuffs on their way to the Joy

thenutflush · 21-10-2010 07:41PM

Don't worry jonjo, you'll just need to grind a bit harder at the poker tables and gamble very carefully to buffer yourself from the savagery that is to come in december!!

Man city (-2.0) at 8.05 tonight... 7/4 on pp...worth a go!

ascanbe · 21-10-2010 08:12PM

OisinT wrote: »

What does that have to do with anything?

The real key here is simple:

The GDP per capita in Ireland is €31,561
The UK GDP per capita is: €23,422

The debt of the UK is 68.5% of GDP with a €222.9billion budget deficit.
In Ireland the debt is 57.7% of GDP with a €23.3billion budget deficit.

Those numbers are irrelevant.
Britain has its banks sorted; they will be willing and able to lend money.
The British government is cutting down on borrowing and making cuts in order to balance the books.
Even our supposedly solvent banks require huge transfusions of capital and if they survive, won't be lending money anytime soon.
Our government, with the Anglo-bailout/Nama will be making these cuts in order to pay off the debts of gamblers; debts we have no responsibility for.
And then will be continuing to borrow more, just to try and keep the country afloat, plunging us further into debt; and that's only if anyone will actually lend to us.
The situation Britain is in and our situation don't even bear comparison

Toes · 21-10-2010 08:41PM

I think the government is a pretty cool guy. Eh destoys cnutry and doesnt afraid of anything...

FreudianSlippers · 21-10-2010 08:42PM

Toes wrote: »

I think the government is a pretty cool guy. Eh destoys cnutry and doesnt afraid of anything...

You accidentally the whole meme.

Kintarō Hattori · 21-10-2010 09:00PM

Luxie wrote: »

Where's Terry this evening?

Busy chasing Wi-Fi thieves.

JONJO THE MISER · 21-10-2010 09:06PM

thenutflush wrote: »

Don't worry jonjo, you'll just need to grind a bit harder at the poker tables and gamble very carefully to buffer yourself from the savagery that is to come in december!!
!

Yeah i will be okay but im just thinking of the rest of ye.

Rented Mule · 21-10-2010 09:08PM

OisinT wrote: »

We could get €7bn easily... so I don't see your point

I'm sure it's in the ash trays and under the cushions of our sofas.

oppenheimer1 · 21-10-2010 09:25PM

like the £80bn the UK is doing, the €7bn ish the Irish govenment is talking about is also over 4 years. It will be €3.5 to €4bn in cuts and extra taxes in December at most

thenutflush · 21-10-2010 09:34PM

thenutflush wrote: »

Man city (-2.0) at 8.05 tonight... 7/4 on pp...worth a go!

Hope nobody followed this..not looking good

galwayrush · 21-10-2010 09:38PM

high heels wrote: »

Ehh the UK just cut £80 billion per year out of there budget..

I think the Irish could take out at least €7 billion..

Cut backs in the right places, ie the 'untouchable' surplus pen pushers in the HSE and the vast amount of Quangos the Government has, then yes.

Population wise, pro rata, the UK cuts are less than half as severe as they would be here.

Sinking Ship

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