mikemac1 wrote: » 120_Minutes wrote: » then we got greedy, self important and self absorbed. OMARS_COMING_ wrote: » We really messed up. Sorry lads I didn't realize I'd sold out my country and brought it to ruin What's this "we"
120_Minutes wrote: » then we got greedy, self important and self absorbed.
OMARS_COMING_ wrote: » We really messed up.
Atlantic Dawn wrote: » The country has a debt bill of over $500,000 per person, the only saviour is the vast oil and gas fields off our shores but these are being given away for a paltry 12.5% corporation tax. Rarely does a country get a 2nd chance, this is ours.
lividduck wrote: » When did we ever have soverignty? we used Sterling as our currency until we joined the EMS, now we depend on others to lend us cheap money.
pmcmahon wrote: » Can't we all just buy a union flag and get along?
OMARS_COMING_ wrote: » Ireland is a broken place.I can't wait until we are back on out feet and making progress. We really messed up.How did it ever get so bad.
squod wrote: » OMARS_COMING_ wrote: » Ireland is a broken place.I can't wait until we are back on out feet and making progress.We really messed up.How did it ever get so bad. We? WTF? I didn't do jack mate. Don't include me in this.
OMARS_COMING_ wrote: » Ireland is a broken place.I can't wait until we are back on out feet and making progress.We really messed up.How did it ever get so bad.
ItsAWindUp wrote: » Eh, what socialism was that then?
dotsman wrote: » Where do we start... How about the ridiculously high minimum wage. Many employers warned that they would not be able to afford to stay in business or employ as many people, the economists warned that it would lead to huge inflation, resulting in Ireland becoming a very expensive country. The socialists laughed and, not only introduced minimum wage into Ireland, but subsequently increased it by 60% over just a few years. How about the public sector. Far too much to go into here, but in a nutshell - Trade unions squeezing as much money out of everybody's pockets to fund their members with no attempt to actually provide a service deserving of the money that's pumped into it. The fact that in 2006, a young unskilled worker with little motivation or work ethic, providing no economic output (in fact, very much driving the bubble) was being paid a lot more than a young highly skilled, hard-working, ambitious worker. Socialists even decided that we should greatly increase social welfare payments throughout the boom, despite there being no real need for anybody to be on the likes of Jobseekers etc. Ultimately, the socialist economic policies of the FF dominated government resulted in the massive rise in inflation fuelling the boom, the hugely overpriced, yet very inefficient public sector, the massive lack of skilled people (ie the unemployable) now queuing at the dole offices, and a social welfare bill we cannot afford.
lividduck wrote: » €8.65 an hour could hardly be described as ridiculously high in a country where it costs €50 to see a doctor, a half decent place to live costs €600+ to rent, where there is no pre-school provision,where there is practically no public transport outside of large urban areas. and where everything has a charge or levy on it . If socialism causes economic crisis why is Sweden not broke? No one in their right mind could blame the economic crisis on the minimum wage.
dotsman wrote: » And why do you think it costs €50 to see a doctor? Why do you think it costs €600 for rent? Why do you think Ireland is so expensive (when, just 20 years ago it was very cheap) Minimum wage is a wolf in sheep's clothing. People on it (or near it) think, "great, another increase, I'm going to have more money (for doing nothing)!",............
Nodin wrote: » ...or 'Great, I'm finally getting half-decent pay for what I'm doing, as oppossed to being shafted'
dotsman wrote: » Interesting terminology. If you fell you are being shafted, why not upskill and earn a higher wage? It's a free country - nobody is forcing you to be unskilled.
GombeanMan wrote: » The Doctor has also gone through years of medical school and college, not to mention 100,000 euro and upwards in loans for that schooling. The minimum wage artifically cuts out a large sector of people who could work for very little, build some track record, then earn more increases. This creates a situation whereby you can command better wages, because if not, the guy down the street will. Minimum wage schemes hurt profits. The minimum wage does nothing to encourage hard work. Rent is also artificially high as a result of Government interference in the market. Socialism again at work. If they just removed 80% of the regulations out there, we would probably be able to cut prices across the board for everyone.
dotsman wrote: » And why do you think it costs €50 to see a doctor? Why do you think it costs €600 for rent? Why do you think Ireland is so expensive (when, just 20 years ago it was very cheap) Minimum wage is a wolf in sheep's clothing. People on it (or near it) think, "great, another increase, I'm going to have more money (for doing nothing)!", whereas the reality is that some of them will simply lose their jobs because of it, while the rest, although receiving the increase, will quickly notice a matching increase in the cost of living, thus it has an overall negative impact on the economy.
lividduck wrote: » WTF, what do you mean "doing nothing"?
GombeanMan wrote: » The Doctor has also gone through years of medical school and college, not to mention 100,000 euro and upwards in loans for that schooling.
dotsman wrote: » [*]The fact that in 2006, a young unskilled worker with little motivation or work ethic, providing no economic output (in fact, very much driving the bubble) was being paid a lot more than a young highly skilled, hard-working, ambitious worker.
Nodin wrote: » ...the usual idealistic guff, which takes no account of general economic conditions, societal conditioning etc. We had a system where there was no minimum wage for many years, and it resulted in exploitation and abuse.
lividduck wrote: » No €100,000 No loans at all, the guy on the minimum wage pays for the rich doctors FREE 3rd level education! You are certainly living up to the name you chose. :mad:
dotsman wrote: » ...the usual socialist guff. Any chance of examples (I mean; an example of someone who has been prevented from getting an education? From doing a FAS course? From working hard and impressing their boss to be promoted to a better position, from learning an economically useful skill in their own time etc)? "Doing nothing to economically deserve a massive raise". If an employee's labour contributes €7 per hour to their employer, then the employer can pay them anything up to €7 per hour and still make a profit. If a socialist comes along and says that that person must now be paid €8 an hour for the exact same labour, then either the employer lets the employee go (and the taxpayer must fund the now unemployed labourer) or jack up prices to enable that employee's labour contribute in excess of €8 (thus causing massive inflation).
