Would you pay €60 to save our economy?

shivkk06 · 28-10-2010 12:52PM #1

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

ei.sdraob · 28-10-2010 12:55PM

your maths is all wrong

1,859,500 people in employment * 60 = €111,570,000

yes 111 million is a much smaller number than 20,000 million :P

plonk · 28-10-2010 12:56PM

Its more like 3400 euro for every man woman and child

wyndham · 28-10-2010 12:56PM

Is that €60 every day for a year?

wyndham · 28-10-2010 12:57PM

Maths fail

c montgomery · 28-10-2010 01:00PM

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Indeed:cool:

Saadyst · 28-10-2010 01:00PM

If only it was so simple...

Bucklesman · 28-10-2010 01:03PM

You mean some sort of... tax?

Maybe they could do this, but charge rich people more than the less well off?

I like where this is going actually.

DailyBlaa · 28-10-2010 01:04PM

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Brian Lenihan is that you? Thinking like that would get you a job in the Department of Finance. The figure you propose is only out by a factor of about 150.

jmayo · 28-10-2010 01:07PM

DailyBlaa wrote: »

Brian Lenihan is that you? Thinking like that would get you a job in the Department of Finance. The figure you propose is only out by a factor of about 150.

damm it someone got there before me :mad:

I reckon the Op actaully works in DOF.
They appaar to have the necessary grasp of figures. :rolleyes:

gurramok · 28-10-2010 01:14PM

I have already paid 60 quid 3 times in the last 2 months. My crime was getting sick :mad:

Permabear · 28-10-2010 01:15PM

This post has been deleted.

BOHtox · 28-10-2010 01:16PM

shivkk06 wrote: »

If it was possible for evry working person in the country to pay 60 that would create the 15 billion the government are trying to find in the budget. Im no expert and it probably wouldnt even be possible...but I would gladly give them 60 than face all these massives cuts in the next 4 budgets and would that not make us the owners of the state and give us a greater ability to have a say in how the country is run

Debt per person is €20,305 per person, would you be willing to pay that?

shivkk06 · 28-10-2010 01:19PM

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

shivkk06 · 28-10-2010 01:21PM

ei.sdraob wrote: »

your maths is all wrong

1,859,500 people in employment * 60 = €111,570,000

yes 111 million is a much smaller number than 20,000 million :P

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

DailyBlaa · 28-10-2010 01:22PM

shivkk06 wrote: »

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

It is definitely Brian Lenihan, I knew it.

bladespin · 28-10-2010 01:23PM

shivkk06 wrote: »

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

Think you'll find that's 150 million, not 15 billion that is needed. :rolleyes:

shivkk06 · 28-10-2010 01:23PM

jmayo wrote: »

damm it someone got there before me :mad:

I reckon the Op actaully works in DOF.
They appaar to have the necessary grasp of figures. :rolleyes:

i dont work for any department, just thought it was a logical less crippling idea

ei.sdraob · 28-10-2010 01:24PM

BOHtox wrote: »

Debt per person is €20,305 per person, would you be willing to pay that?

Its a bit more than that:

~90 billion - national debt (see ntma site)
~95 billion - bank bailouts (s&p estimate)
~50 billion - needed between now and 2014 if the reduction targets are meant
~?? billion - cost of debt servicing

that's what 230 billion debt by 2014?

that's 114K for each (currently) employed person

johnboy_123 · 28-10-2010 01:25PM

shivkk06 wrote: »

and if this is the correct employment figure it would mean each employed person could pay 80 once and it would solve the situation

The only problem is then next year we still have to borrow another 18billion to pay for the governments spending vs its revenue

DailyBlaa · 28-10-2010 01:26PM

Just to clear this up once and for all

1 Million = 1,000,000
1 Billion = 1,000,000,000

Nijmegen · 28-10-2010 01:29PM

Department of Finance officials running up ideas on boards.ie

We figure out why the banking crises is costing us more than €4.5bn and the cuts have doubled overnight.

shivkk06 · 28-10-2010 01:32PM

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

BOHtox · 28-10-2010 01:32PM

ei.sdraob wrote: »

Its a bit more than that:

~90 billion - national debt (see ntma site)
~95 billion - bank bailouts (s&p estimate)
~50 billion - needed between now and 2014 if the reduction targets are meant
~?? billion - cost of debt servicing

that's what 230 billion debt by 2014?

that's 114K for each (currently) employed person

I said person not per employed person!
My source to that was
http://www.finegael.ie/

neilthefunkeone · 28-10-2010 01:36PM

shivkk06 wrote: »

I cant figure out how to delete this thread but yes I made a mistake with how 15 bn was actually written I worked off 150m instead so scrap it completely

Oh dear... Lets hope your not in a job that relies heavily on numbers.. or numbers of any sort..

Dacelonid · 28-10-2010 01:40PM

DailyBlaa wrote: »

Just to clear this up once and for all

1 Million = 1,000,000
1 Billion = 1,000,000,000

Not 100% correct, depends on where in the world you are. Well thats not true anymore either, but 1 Billion used to be 1,000,000,000,000 but because of America it is now taken as 1,000,000,000. Or as yer man on Breakfast Newstalk calls it 1 Thousand Million, which is more correct

ei.sdraob · 28-10-2010 01:41PM

BOHtox wrote: »

I said person not per employed person!
My source to that was
http://www.finegael.ie/

Ok, yeh you right not employed, pensioners and children will also be paying indirectly for this mess via reduced services.

Its also hard to pin down a right figure since the costs just keep on growing.

Uuuh Patsy · 28-10-2010 01:44PM

This thread is tragically hilarious..The Lenihan Gag is priceless.. For the first time in 2yrs I miss Dublin.. But I aint stumping up 80 or is it 80000 euro so will wait it out here

nosco · 28-10-2010 01:44PM

Wow. This is scary stuff

Cookie_Monster · 28-10-2010 01:45PM

shivkk06 wrote: »

my figures were based roughly on our last census that there is approx 2,907,533 people in the working age of 18-65 take away the 400,000 unemployed this would leave 2,507,533 X60 = 150,451,980

yeah and thats 150 million. do you even know what a billion is?

Permabear · 28-10-2010 01:46PM

This post has been deleted.

Would you pay €60 to save our economy?

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