Kensington wrote: » Ten years to go (at least) People still losing jobs day after day.Budget 2012 is going to be a massacre. Lot of people teetering on the edge financially as it is, more taxes and cuts and they could be pushed over the edge. Possibility of a harsh double-dip if the US falls over. If any of the cuts which are coming down the line kick off strikes then it can only get worse.
Rayne Ripe Sadness wrote: » you mean industrial action
Rayne Ripe Sadness wrote: » i think the internet is slowing killing the high street stores,easons is struggling at the moment. i don't even believe if cutting the min wage would create more jobs.
opinion guy wrote: » HELL NO The property market is still mid temperature inversion. It could condense into a clusterf**k at any given moment
OPENROAD wrote: » And it will do nothing to aid recovery, higher charges etc.... and yet we will probably be told to go out and spend.
Kensington wrote: » I don't in any way want this to descend into yet another public sector bashing slagging match - there's enough of those threads around - but if the government start trying to enact the clause of the CPA regarding worsening economic conditions and call off the no further paycuts section, I can see the public sector unions calling for strike action.
reinald wrote: » I dont think they will touch Croke Park with a barge pole except in a doomsday situation. My guess is that a large proportion of cheesed off public and civil servants are largely responsible for the extent of the defection from Fianna Fail at the last election and the huge majority which this government enjoys. Could be political suicide for FG/Lab to stir this hornets nest.
Thomas828 wrote: » Yet another thread about the recession. With the US economy failing to get back on track we're facing a double-dip recession. Let's be realistic, our economy will never reach the heights it did during the "Celtic Tiger" years, and personally I hope it doesn't. The base greed and money madness that came with it was poisoning every level of society. The Celtic Tiger is dead. May it never rise again.
Rayne Ripe Sadness wrote: » Half of the last gov and this gov are teachers themselves,so they not going to break the deal. imo i think the agreement was an last ditch attempt to avoid a total strike in the sector.
delaad wrote: » All this thread is really asking is, do you think things are pickiing up, or not?
reinald wrote: » Agreed. Though I do think that the whole public/private war of words has been unhealthy from a societal perspective and largely diversionary. There are much bigger fish to fry here than public sector workers imo.
Rayne Ripe Sadness wrote: » well,looking back at the disputes through the years,there seems to be a pay off demanded in flexibility in certain sections,other departments seem to be ever expanding,some auld biddies could retire and be replaced with computers,some sectors like the private are up to their eyes in debt and cant take an another pay cut.
Thomas828 wrote: » To answer that question, no, and I've seen no real evidence of recovery in the Republic or the North.
starbelgrade wrote: » In my experience, I think things have picked up. I work in one of the professions that was the first & worst to be hit - there were job losses in my line of work even before the word 'recession' was first mentioned. But things have picked up. People are - cautiously - starting to spend again. And as I said earlier - it's not like most people don't have money - they have a bit less, but what they have they're afraid to spend. We have massive amounts of personal savings in Ireland - one of the highest rates in the eurozone. And that really isn't a good thing.
starbelgrade wrote: » We have massive amounts of personal savings in Ireland - one of the highest rates in the eurozone. And that really isn't a good thing.
reinald wrote: » I think there is some truth in this but imo you may be overgeneralising to some extent. The picture may be more complicated I suspect.
reinald wrote: » Apologies if this sounds a bit ignorant, but has the economy in the North not been more or less stagnant over the last decade or so anyway? If so, is it realistic to use the language of recovery?
wild_cat wrote: » I think what he said was true. A member of my family is also involved in the retail business and this year was one of his most successful years.......
starbelgrade wrote: » I'm more than willing to debate this with you, but not if you reduce the debate to the level of telling me that I don't know what I'm talking about. If you want to discuss the issue, then please do so, but don't try & turn it into a slanging match.
Miss Olenska wrote: » You basically said that the business that went or are doing badly were bad at what they do. That's hugely unfair, IMO.
starbelgrade wrote: » I've no doubt that this is true, but as my grip on economics & the wider picture is limited, I can only paint a view of my own little corner of the world, I'm afraid!
