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The Recession......your solutions?

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Comments

  • Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    mattjack wrote: »
    You have a business ? fcuk off .....I always looked up to you...thought you were "the man"....

    Of course I do... if I was "working for the man", then how could I be "the man"? :p


  • Closed Accounts Posts: 11,298 ✭✭✭✭later12


    My solution is closer co-operation between the peripherals of Portugal, Ireland, Greece, Italy and Spain.

    We're so used to talking to the core club as individuals, that we sometimes forget there are at least 4 other members in our peripheral union of crisis states. If they can talk to us as a group, then we should talk back as a group.

    This is not divisive if the message we bring them is of enhancing European unity: pressurise Germany into greater fiscal union, the introduction of Eurobonds, reform of the ECB and perhaps some monetization of official debt.

    Otherwise, I would keep Ireland's head down and progress swift in implementing austerity - and indeed, making such austerity a permanent feature of Irish government policy.


  • Closed Accounts Posts: 5,731 ✭✭✭Bullseye1


    SafeSurfer wrote: »
    Not to be negative but lots of cosy middle class opinions on here.

    Well they are the ones baring the blunt.


  • Registered Users, Registered Users 2 Posts: 24,280 ✭✭✭✭ejmaztec


    Cryogenics will solve the problem, 20 years should be enough.


  • Registered Users, Registered Users 2 Posts: 5,673 ✭✭✭AudreyHepburn


    SafeSurfer wrote: »
    Not to be negative but lots of cosy middle class opinions on here.

    And here, in my opinion, is the biggest problem of all.....the idea that if you are in anyway positive at the moment it is because you are middle or upper class and have no clue what the poor misfortunate working classes are going through.

    I'm certainly not middle class ( not working class either mind). I just don't honestly see the point in being bitter and constantly whining about we all knew would be tough times.

    My own main solution would to stop feeling sorry for ourselves, realise that compare a lot of contries in the world we are privilaged and start being proactive and looking to the future.


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  • Registered Users, Registered Users 2, Paid Member Posts: 54,772 ✭✭✭✭tayto lover


    Rubbish. China's housing bubble is on the verge of popping and it's going to make Ireland's look like a picnic. Japan hasn't grown in about 20 years and has a debt to GDP ration of about 200%. Neither of those countries is in a position to be supporting us.

    You are obviously a very serious person.


  • Registered Users, Registered Users 2 Posts: 5,389 ✭✭✭mattjack


    Of course I do... if I was "working for the man", then how could I be "the man"? :p

    I am going to take an unusual position for Boards AH contributor....I am going to unreservedly admit I haven't a notion what I'm talking about.


  • Registered Users, Registered Users 2 Posts: 7,398 ✭✭✭SafeSurfer


    Bullseye1 wrote: »
    Well they are the ones baring the blunt.

    I thought it was mainly the working class who smoked joints.

    Multo autem ad rem magis pertinet quallis tibi vide aris quam allis



  • Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    mattjack wrote: »
    I am going to take an unusual position for Boards AH contributor....I am going to unreservedly admit I haven't a notion what I'm talking about.

    Me neither - Wikipedia's been blocked all day.


  • Registered Users, Registered Users 2 Posts: 7,398 ✭✭✭SafeSurfer


    And here, in my opinion, is the biggest problem of all.....the idea that if you are in anyway positive at the moment it is because you are middle or upper class and have no clue what the poor misfortunate working classes are going through.

    I'm certainly not middle class ( not working class either mind). I just don't honestly see the point in being bitter and constantly whining about we all knew would be tough times.

    My own main solution would to stop feeling sorry for ourselves, realise that compare a lot of contries in the world we are privilaged and start being proactive and looking to the future.

    The old favourite "sure it could be worse" ? So we just keep saying that until it cant be any worse.

    Another post has mentioned that the recession isn't that bad, "nobody died". I beg to disagree. If you take a look at suicide statistics over the past number of years, talk to any health professional you might not be so blase just because the impact of recession on some is choosing between a sun or snow holiday instead of both. The "I'm alright Jack" brigade seem to think that if they are still doing ok everyone else should just shut the **** up.

    Multo autem ad rem magis pertinet quallis tibi vide aris quam allis



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  • Registered Users, Registered Users 2 Posts: 2,583 ✭✭✭Suryavarman


    You are obviously a very serious person.

    Yes I am.


  • Registered Users, Registered Users 2 Posts: 27,570 ✭✭✭✭noodler


    Oranage2 wrote: »
    Clear mortgage debt - Joe Soap will have more money to stimulate the economy.

    I don't really want to inject even more money into the banks to cover those losses, do you?

    later10 wrote: »
    My solution is closer co-operation between the peripherals of Portugal, Ireland, Greece, Italy and Spain.

    We're so used to talking to the core club as individuals, that we sometimes forget there are at least 4 other members in our peripheral union of crisis states. If they can talk to us as a group, then we should talk back as a group.

    This is not divisive if the message we bring them is of enhancing European unity: pressurise Germany into greater fiscal union, the introduction of Eurobonds, reform of the ECB and perhaps some monetization of official debt.

    Otherwise, I would keep Ireland's head down and progress swift in implementing austerity - and indeed, making such austerity a permanent feature of Irish government policy.

    GTFO with your reasonable sugestions!


  • Registered Users, Registered Users 2 Posts: 5,673 ✭✭✭AudreyHepburn


    SafeSurfer wrote: »
    The old favourite "sure it could be worse" ? So we just keep saying that until it cant be any worse.

    Another post has mentioned that the recession isn't that bad, "nobody died". I beg to disagree. If you take a look at suicide statistics over the past number of years, talk to any health professional you might not be so blase just because the impact of recession on some is choosing between a sun or snow holiday instead of both. The "I'm alright Jack" brigade seem to think that if they are still doing ok everyone else should just shut the **** up.

    So we should wallow in self pity and misery 24/7 instead?

    A little positive thinking never killed anyone, negative thinking on the other hand......


  • Closed Accounts Posts: 1,732 ✭✭✭Toby Take a Bow


    I'm certainly not middle class ( not working class either mind).

    So, you're ... upper class? Is that why we're not allowed to suggest increasing tax for the wealthy? I'm a little confused as to why that isn't 'allowed' to be an option. Whatever your opinion on its worth or not, it could theoretically lead to some form of solution. I agree with you on TD wages and the like, as whatever amount we cut their wages wouldn't make a dent in our current problem.

    Implementing austerity, as far as I can see, will have a negative effect on our economy. Austerity will only compound people not spending.

    My two solutions (and ignoring your original qualifications) would be to increase tax for the higher-earners and incorporate some form of pan-European policy whereby we consolidate bonds resulting in some form (I would argue a high percentage) of burning the bondholders. I'm not sure how the agency ratings would react to this, but a general shake-up of how our economies relate to the agency ratings industry would probably be required.


  • Closed Accounts Posts: 5,783 ✭✭✭Hank_Jones


    And here, in my opinion, is the biggest problem of all.....the idea that if you are in anyway positive at the moment it is because you are middle or upper class and have no clue what the poor misfortunate working classes are going through.

    I'm certainly not middle class ( not working class either mind). I just don't honestly see the point in being bitter and constantly whining about we all knew would be tough times.

    My own main solution would to stop feeling sorry for ourselves, realise that compare a lot of contries in the world we are privilaged and start being proactive and looking to the future.

    Not working class, not middle class, that just leaves the upper class....


  • Registered Users, Registered Users 2 Posts: 5,673 ✭✭✭AudreyHepburn


    So, you're ... upper class? Is that why we're not allowed to suggest increasing tax for the wealthy? I'm a little confused as to why that isn't 'allowed' to be an option. Whatever your opinion on its worth or not, it could theoretically lead to some form of solution. I agree with you on TD wages and the like, as whatever amount we cut their wages wouldn't make a dent in our current problem.

    Implementing austerity, as far as I can see, will have a negative effect on our economy. Austerity will only compound people not spending.

    My two solutions (and ignoring your original qualifications) would be to increase tax for the higher-earners and incorporate some form of pan-European policy whereby we consolidate bonds resulting in some form (I would argue a high percentage) of burning the bondholders. I'm not sure how the agency ratings would react to this, but a general shake-up of how our economies relate to the agency ratings industry would probably be required.

    I'm not living in a council estate, nor do I live in D4 that's all I meant.

    I never said we couldn't tax the rich, just that we need to stop deluding ourselves that that alone will fix things.


  • Registered Users, Registered Users 2 Posts: 5,673 ✭✭✭AudreyHepburn


    Hank_Jones wrote: »
    Not working class, not middle class, that just leaves the upper class....

    Certainly not.

    I'm not council estate nor D4, that's all I meant.


  • Registered Users, Registered Users 2 Posts: 882 ✭✭✭ygolometsipe


    Everytime the government introduces an new tax or cut or rise in price or possibility of a bailout as a method of combatting the recession there is an outpouring of moaning and protesting against. But I have yet to see offer anyone a viable solution. And no taxing the super rich only or cutting only TDs salaries do not count.

    So I ask my fellow Boardsies/AHers, what would you do if you were Taoiseach/TD? If the Government is not allowed to bring more cuts/taxes/price raises/bailouts then what can they do?

    Lets have some genuine answers please, not the usual 'tax the rich, cut TDs salaries' cop outs.

    "But I have yet to see offer anyone a viable solution"

    There is no solution, its a gamble thats economies!

    No man|woman / team of people can determine how much expendable
    cash the average individual has on hand and or when they would like to spend it!

    The recession will end when mr/mrs XX feels like they can buy something and not worry.

    To be able to calculate when this would occur would require a super computer beyond anything that exists.

    People who say they have an a - b -c plan are bull-****ting.

    ---
    Economics is like the weather, for 40 years you have sun on march 1st, people get to depend on things like this,

    now we have sun on december 25th, its a new pattern of change!

    The answer is this, when the new pattern becomes very familiar, whatever that is, then people will act in a way that will define that pattern, that will be the beginning of the next bubble and that will start the end of this recession.

    To be able to figure out what that pattern is right now and to be able to move the whole world to follow it, is not possible.

    Our leaders will fumble about a bit but really they dont matter.

    The answer is time, cuts, patients, perseverance and hope!

    It will all work out, we have been here before!


  • Registered Users, Registered Users 2 Posts: 1,446 ✭✭✭Seanergy


    "we have been here before!

    I certainly havn't, are you from the future?


  • Registered Users, Registered Users 2 Posts: 26,247 ✭✭✭✭Eric Cartman


    cut all benefits down to just food stamps, privatize everything, sell everything off, reduce the size of government to a bare minimum, dont give the banks any money, leave the euro and base a currency on gold. Close Irelands borders, kick out any non national without a job, abolish VRT, lower VAT to 20%, abolish the USC, remove the carbon tax on fuel, increase DIRT to 75%, lower the price of cigarettes and drink to 2005 levels. Let the offo's open 24/7. Remove the housing tax. Abolish the minimum wage. Abolish the RSA, the PSA and any other regulatory body preventing access into a profession. Tax religions, sell off all the assets in NAMA, kill the TV licence and sell RTE's production end. Convert any tax/duty on diesel to VAT to help businesses.


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  • Registered Users, Registered Users 2 Posts: 11,129 ✭✭✭✭Oranage2


    noodler wrote: »
    I don't really want to inject even more money into the banks to cover those losses, do you?

    !

    You got me, wiki has been down all day so I havent really got a clue about the situation, I tried throwing out some buzz words but I've been rumbled, I dont even have a mortgage.


    What about peoples savings?

    I dont care, they're not my savings and I dont have any.


  • Registered Users, Registered Users 2 Posts: 1,654 ✭✭✭kyote00


    Leave the euro/EU and become the 51st state of the union. Milk the US for structural funds for the next 20 years....

    Build interstate 0 from Galway to New York, thus hiring all those builders during construction and allowing US tourists to drive on 'vacation' to Ireland....

    Job done...


  • Registered Users, Registered Users 2 Posts: 882 ✭✭✭ygolometsipe


    Seanergy wrote: »
    I certainly havn't, are you from the future?

    lol, er ah you mean the past no?


  • Closed Accounts Posts: 20,739 ✭✭✭✭starbelgrade


    cut all benefits down to just food stamps, privatize everything, sell everything off, reduce the size of government to a bare minimum, dont give the banks any money, leave the euro and base a currency on gold. Close Irelands borders, kick out any non national without a job, abolish VRT, lower VAT to 20%, abolish the USC, remove the carbon tax on fuel, increase DIRT to 75%, lower the price of cigarettes and drink to 2005 levels. Let the offo's open 24/7. Remove the housing tax. Abolish the minimum wage. Abolish the RSA, the PSA and any other regulatory body preventing access into a profession. Tax religions, sell off all the assets in NAMA, kill the TV licence and sell RTE's production end. Convert any tax/duty on diesel to VAT to help businesses.

    Sounds like a recipe for disaster.


  • Registered Users, Registered Users 2 Posts: 14,353 ✭✭✭✭jimmycrackcorm


    Announce a doubling of house prices. Hey presto it's 2006 again.


  • Registered Users, Registered Users 2 Posts: 3,485 ✭✭✭dj jarvis


    And here, in my opinion, is the biggest problem of all.....the idea that if you are in anyway positive at the moment it is because you are middle or upper class and have no clue what the poor misfortunate working classes are going through.

    I'm certainly not middle class ( not working class either mind). I just don't honestly see the point in being bitter and constantly whining about we all knew would be tough times.

    My own main solution would to stop feeling sorry for ourselves, realise that compare a lot of contries in the world we are privilaged and start being proactive and looking to the future.


    but would i be safe in saying you are able to keep the roof over your head , feed yourself and your children ( if you have some ) , working and have transport , also your house is probably heated - bills getting paid , but still tight , no holidays or new tv but still ok ?

    i know of some family's who have not been able to pay for the house , or house hold bills , short on food, and for all reasonable descriptions are ****ed - did not go mad at all , most self employed so don't get anything off the state - for them it IS all doom and gloom

    not matter what ivan yeats says , a lot of people are in trouble
    it might not be 3rd world status but if you have to got to the state for hand outs i can understand the feeling of doom and gloom

    i for one consider myself to be lucky to be in massive negative equity but able to service it for the the time being
    i would not swap it for some people i know


  • Registered Users, Registered Users 2 Posts: 1,976 ✭✭✭Brendog


    Print new money.





































    TROLOLOLOLOLOL


  • Registered Users, Registered Users 2 Posts: 220 ✭✭breadmonster


    reduce the 'normal' working week to 30 hours - 3 day weekends for everybody Instantly more jobs around.
    or
    double the population - visas for anybody who wants one. (or possibly target china as there way over populated) we just cant afford to run a country with so few workers.


  • Registered Users, Registered Users 2 Posts: 5,673 ✭✭✭AudreyHepburn


    dj jarvis wrote: »
    but would i be safe in saying you are able to keep the roof over your head , feed yourself and your children ( if you have some ) , working and have transport , also your house is probably heated - bills getting paid , but still tight , no holidays or new tv but still ok ?

    i know of some family's who have not been able to pay for the house , or house hold bills , short on food, and for all reasonable descriptions are ****ed - did not go mad at all , most self employed so don't get anything off the state - for them it IS all doom and gloom

    not matter what ivan yeats says , a lot of people are in trouble
    it might not be 3rd world status but if you have to got to the state for hand outs i can understand the feeling of doom and gloom

    i for one consider myself to be lucky to be in massive negative equity but able to service it for the the time being
    i would not swap it for some people i know

    I have a job but still live at home because I can't afford to move out. My parents are the reason I have roof over my head. I don't have transport because again I can't afford a car at the moment. I don't pay the bills but I support myself.

    I have struggled too. I just think that being bitter and all doom-and-gloom about things won't help anything.

    We are in tough time but the country is not about to fall apart just yet.


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  • Registered Users, Registered Users 2 Posts: 1,944 ✭✭✭fedor.2.


    cut all benefits down to just food stamps, privatize everything, sell everything off, reduce the size of government to a bare minimum, dont give the banks any money, leave the euro and base a currency on gold. Close Irelands borders, kick out any non national without a job, abolish VRT, lower VAT to 20%, abolish the USC, remove the carbon tax on fuel, increase DIRT to 75%, lower the price of cigarettes and drink to 2005 levels. Let the offo's open 24/7. Remove the housing tax. Abolish the minimum wage. Abolish the RSA, the PSA and any other regulatory body preventing access into a profession. Tax religions, sell off all the assets in NAMA, kill the TV licence and sell RTE's production end. Convert any tax/duty on diesel to VAT to help businesses.



    Fair play to ya, you've just typed the stupidest post ive ever read. I salute you.


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