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Sinking Ship

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Comments

  • Registered Users, Registered Users 2 Posts: 4,305 ✭✭✭Chuchoter


    I'm the one who should be pissed off, I'm 17 and by the time I'm finished college (thats presuming I can still pay for college if the don't bring fees in) I'm not going to have a country left.:mad::mad::mad:


  • Registered Users, Registered Users 2 Posts: 2,593 ✭✭✭Sea Sharp


    It's the right thing to do.
    We need to close the budget deficit and we might as well get one nasty budget out of the way. Plus we'll need a grand gesture to restore confidence in the country on the international markets.
    I suspect that the government is hoping that the shock and implications of this budget will turn the general population against the deadwood in the public sector and set the scene for ripping up the CP agreement and a subsequent drastic shake up over the next three years.
    There's billions to be saved by sacking unnecessary admins in the PS. I'd like to see them striking after a year of their uselessness being exposed on RTE spins.
    It's gonna be a sh1t year or 2 ahead, but hard times are inevitable.


  • Registered Users, Registered Users 2 Posts: 2,933 ✭✭✭holystungun9


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

    'ere mister..give us a euro


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    I'm the one who should be pissed off, I'm 17 and by the time I'm finished college (thats presuming I can still pay for college if the don't bring fees in) I'm not going to have a country left.:mad::mad::mad:
    If the right cuts are made now and we start spending money on infrastructure and we get people back to work, things should be partially if not wholly recovered in 5 years.


  • Registered Users, Registered Users 2 Posts: 2,593 ✭✭✭Sea Sharp


    OisinT wrote: »
    If the right cuts are made now and we start spending money on infrastructure and we get people back to work, things should be partially if not wholly recovered in 5 years.

    How will spending money on infrastructure bring money into the country in the short term?


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  • Registered Users, Registered Users 2 Posts: 13,295 ✭✭✭✭Duggy747


    Let's just take all the country's money, put it on black on a table in Vegas and roll on the hookers good times!*
























    *Might not be one of my better plans, I'll admit.


  • Registered Users, Registered Users 2 Posts: 6,551 ✭✭✭SeaFields


    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

    €7bn in December according to Michael Noonan when he got briefed by the debt of finance. Is'nt it €14bn over the four year plan?

    Yes, we are fcuked. :(


  • Registered Users, Registered Users 2 Posts: 5,933 ✭✭✭hinault


    OisinT wrote: »
    If the right cuts are made now and we start spending money on infrastructure and we get people back to work, things should be partially if not wholly recovered in 5 years.

    The cuts in themselves will be pointless, if there is no increase in growth/reduction in unemployment.

    The govt has cut spending by €12 billion since 2008, and our deficit and the rate of interest on our borrowing have increased.

    We need to get this economy growing while managing to reduce government spending.

    Tough road ahead.


  • Closed Accounts Posts: 26,566 ✭✭✭✭Fratton Fred


    ascanbe wrote: »
    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

    I think another big factor is that the banks the Uk bailed out, such as RBS, will be worth a lot of money on a few years when the government sell their stake. Anglo will never be worth anything ever again, so the money being pumped in to it is just money down the drain.


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    Sea Sharp wrote: »
    How will spending money on infrastructure bring money into the country in the short term?
    Creates jobs.


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  • Banned (with Prison Access) Posts: 7,098 ✭✭✭Stinicker


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

    Wake the fuhk up FF!

    Australia is booming both from Commodities and Food (a commodity too I suppose) they are exporting loads and their economy is doing well enough despite a global meltdown. There is a better quality of life and as things are now here a bum in Oz will soon have a better life than the working people of Ireland, he owes nothing and will not get raped by the Government for a start.


  • Closed Accounts Posts: 7,570 ✭✭✭Ulysses Gaze


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

    And our total external debt is something like $1.74 trillion in US dollars


    As part of the UK cuts, they are taking the knife to QUANGOS

    We have between 600-800 here costing around €16 billion.

    Cut them in half and there you go - €x billion saved.

    These QUANGOs employ 5,000 people max.

    Not nice for people to lose their jobs but hey...needs must.


  • Closed Accounts Posts: 113 ✭✭Dr. No


    Sea Sharp wrote: »
    How will spending money on infrastructure bring money into the country in the short term?
    Short term thinking is partially what got us into this mess in the first place. Cutting back on infrastructure in the short term means that we will have a lot of catching up to do to compete with other countries. If we don't have the infrastructure in place companies will not want to invest in Ireland.
    It's easy to say cut cut cut but the running the country is not like running a business.


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    Dr. No wrote: »
    Short term thinking is partially what got us into this mess in the first place. Cutting back on infrastructure in the short term means that we will have a lot of catching up to do to compete with other countries. If we don't have the infrastructure in place companies will not want to invest in Ireland.
    It's easy to say cut cut cut but the running the country is not like running a business.
    While you're correct, the main issue here is that the majority of unemployed are in the construction sector (which created domino effect to other sectors) - investing in infrastructure is a solid way of getting people back to work in a way that serves the people in the way described... it's a long-term investment with short-term and long-term benefits to the economy and the people.


  • Closed Accounts Posts: 12,433 ✭✭✭✭Mr Benevolent


    That's why I'm drinking. Bring on Ragnarok and Gotterdammerung.


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Confab wrote: »
    That's why I'm drinking. Bring on Ragnarok and Gotterdammerung.

    Sköll
    :D


  • Closed Accounts Posts: 113 ✭✭Dr. No


    OisinT wrote: »
    While you're correct, the main issue here is that the majority of unemployed are in the construction sector (which created domino effect to other sectors) - investing in infrastructure is a solid way of getting people back to work in a way that serves the people in the way described... it's a long-term investment with short-term and long-term benefits to the economy and the people.
    I agree with you. Unfortunately the government does not take this view.


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    Dr. No wrote: »
    I agree with you. Unfortunately the government does not take this view.
    If we don't get them to understand this then we are genuinely fúcked :(


  • Closed Accounts Posts: 113 ✭✭Dr. No


    OisinT wrote: »
    If we don't get them to understand this then we are genuinely fúcked :(
    The government are more concerned with what the markets think than what Irish people think :mad:


  • Registered Users, Registered Users 2 Posts: 12,816 ✭✭✭✭galwayrush


    Dr. No wrote: »
    The government are more concerned with what the markets think than what Irish people think :mad:

    FF have only ever been concerned at being in power at any cost,but it looks like now days, we are no longer in control of our own affairs, Europe is pulling the strings and they are afraid to admit it.


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  • Closed Accounts Posts: 7,570 ✭✭✭Ulysses Gaze


    OisinT wrote: »
    While you're correct, the main issue here is that the majority of unemployed are in the construction sector (which created domino effect to other sectors) - investing in infrastructure is a solid way of getting people back to work in a way that serves the people in the way described... it's a long-term investment with short-term and long-term benefits to the economy and the people.

    I think with the re-org of FAS this is something that should be looked into. Reskill Construction workers to build infrastructure type projects. We may not be able to employ ALL former construction workers but we could re-employ at least 10,000-15,000 in Infrastructural projects.


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    I think with the re-org of FAS this is something that should be looked into. Reskill Construction workers to build infrastructure type projects. We may not be able to employ ALL former construction workers but we could re-employ at least 10,000-15,000 in Infrastructural projects.
    There are a lot of different types of jobs too.

    Take Metro North:

    Skilled workers for tunnelling
    Skilled workers for station building
    Skilled workers for carpentry, brickwork, etc. (that goes into the finishing of stations)
    Workers in the shops/ticket sales/train driving
    More traffic to areas where there are stations
    More people visiting the country and going into City Centre because it's easy to get in. (they spend money)
    Revitalisation of areas where there are stations (think O'Connell St. more like Grafton St.)

    The list is practically never ending... and when these workers are making money again, they spend that money on food, clothes, toys, electronics, etc. Things people used to spend money on.
    People will be able to buy houses and that market can get going again.

    The best part is that we have something useful to show for it. Transport systems are always a great investment. Rail is good for us too, because we want to avoid more traffic issues and get people out of their cars in Dublin.

    I'd also love to see high-speed rail connecting the big cities. I can dream :o


  • Banned (with Prison Access) Posts: 7,098 ✭✭✭Stinicker


    I got my golden pages yesterday with my phone book, I have a stack of them in the garage and the 2011 has over 100 pages less than the 2010 one which is almost 66% smaller than the 2006 one, tells its own story about how two thirds of Irish Business has either been wiped out or has had to cut back so much that they are now not even listed in the yellow pages!

    Ireland is phooked


  • Registered Users, Registered Users 2 Posts: 20,396 ✭✭✭✭FreudianSlippers


    Stinicker wrote: »
    I got my golden pages yesterday with my phone book, I have a stack of them in the garage and the 2011 has over 100 pages less than the 2010 one which is almost 66% smaller than the 2006 one, tells its own story about how two thirds of Irish Business has either been wiped out or has had to cut back so much that they are now not even listed in the yellow pages!

    Ireland is phooked
    Or else more companies realise advertising in the golden pages is sooooo 1980 and it's just an extra expense they can afford to get rid of.


  • Registered Users, Registered Users 2 Posts: 3,658 ✭✭✭Mal-Adjusted


    I think with the re-org of FAS this is something that should be looked into. Reskill Construction workers to build infrastructure type projects. We may not be able to employ ALL former construction workers but we could re-employ at least 10,000-15,000 in Infrastructural projects.

    how did you come up with this number?


  • Registered Users, Registered Users 2 Posts: 2,440 ✭✭✭The Aussie


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

    Wake the fuhk up FF!

    All that proves is the Australian Government is doing something right if the place is still moving on business as usual, granted china wanting minerals at faster rate than Australia can dig helps. But i dont think they have experienced 2 quarters of negative growth (open to correction) so have not technically slipped into a recission.

    Ireland on the other hand, i dont think we will find out how bad things are until after the next election, when some people who are not pathological liars (Yes i am implying that Fine Failure could not lie straight in bed) get in. and can give a proper figure

    For me the real question is how in that last poll i saw 24% of Irish voters are stupid enough to want them back in for another crack at fcuking up the country.


  • Registered Users, Registered Users 2 Posts: 9,453 ✭✭✭Shenshen


    Stinicker wrote: »
    I got my golden pages yesterday with my phone book, I have a stack of them in the garage and the 2011 has over 100 pages less than the 2010 one which is almost 66% smaller than the 2006 one, tells its own story about how two thirds of Irish Business has either been wiped out or has had to cut back so much that they are now not even listed in the yellow pages!

    Ireland is phooked

    I've been told that the cost of a listing in Yellow Pages went up by nearly 100% from last year.

    That, and many companies might have copped on that not a lot of people use yellow pages any more... waste of money, and waste of time.


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