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Is our Irish economy getting better?

WanabeOlympian

Have you noticed any improvements at all in the economy? what about your local town or if you run a business, have you noticed your business pick up lately?
We often hear about how bad things are and for a reason! So I thought i'd start a thread that offered people a platform to talk about economic improvements that they have spotted.

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donvito99

The weather was good for a while there.

The Backwards Man

I saw three, yes three, French campervans drive through my village this morning in convoy, no doubt the people in them were probably French. They didn't stop though, just drove past.

MonaPizza

Things are crap and will stay that way. Ireland is one of only 3 countries whose debt to income ratio is over 300%.

mikemac1

I see a lot of tourists around.

Welcome, welcome

spank_inferno

MonaPizza wrote: »

Things are crap and will stay that way. Ireland is one of only 3 countries whose debt to income ratio is over 300%.

All parts of that statement are factually incorrect.

Dravokivich

WanabeOlympian wrote: »

have you noticed your business pick up lately?

I work in a call centre, big problems indeed if no one picks up.

gurramok

I did see about 20 German bikers on the M50 the other day and they didn't hog the middle lane either! :eek:

SEPT 23 1989

No its not getting better and with another 6 billion coming out of the real economy in the next couple of years we are completely fcuked as a country

the weather was nice though

long range shooter

doesnt look that way,everyone seems to be leaving??

http://www.rte.ie/news/2013/0509/391211-emigration-report/

m5ex9oqjawdg2i

As oppose to the other Irish economies?

I am pie

Some people in Ireland generally lack any kind of perspective as to what a real economic crisis is and actually feels like.

To be honest, overall, I think we got off quite lightly in comparison to Greece and Spain. Sometimes we don't know when we're well off.

Obviously a lot of people have been put through a lot of stress in terms of losing jobs and reducing ps salaries. A large section of the population may be stuck with houses they didn't intend to keep long term, but, really...the reason we haven't been out on the streets is because standards of living have not dramatically collapsed.

Improvement will be gradual and hard to track I would say.

Jimmy Garlic

Sligo - Dieing
Limerick - Dieing
Waterford - Almost dead

Countless other towns on the ropes and going down the toilet. Almost no industry of any significance. The whole economy was based around easy credit, now the easy credit is gone. A government that only looks after themselves and the interests of their masters.

Duggys Housemate

Jayce Orange Thumbtack wrote: »

As oppose to the other Irish economies?

No as opposed to.

#pedantbecauseyouare

flutered

no pub in my village now, there used to be four, a big improvement for the followers of matt talbot perhaps, better news for the hackney drivers tho.

Duggys Housemate

I am pie wrote: »

Some people in Ireland generally lack any kind of perspective as to what a real economic crisis is and actually feels like.

To be honest, overall, I think we got off quite lightly in comparison to Greece and Spain. Sometimes we don't know when we're well off.

Obviously a lot of people have been put through a lot of stress in terms of losing jobs and reducing ps salaries. A large section of the population may be stuck with houses they didn't intend to keep long term, but, really...the reason we haven't been out on the streets is because standards of living have not dramatically collapsed.

Improvement will be gradual and hard to track I would say.

ah, no. To be fair we did have a real economic crisis.

Gone Drinking

What are people expecting when things "pick back up"? Loads of trade jobs with crazy high wages?

Truth is, things will never be the way they were before.

Personally, i'm kind of unaffected by the whole thing (yes, I'm thankful of this). I didn't take out a mortgage, I haven't been a week without work since I was 22 (8 years).

I still go on holidays here and there, I still go out with my mates at the weekend. I own a decent enough car..

syklops

IT is doing really well, and there is a skills shortage in many areas.

seamus

"It's not getting worse" is probably the most appropriate way of putting it.

Unemployment rates have stabilised and exports are doing very well, along with inward investment. Small businesses are still having major difficulty because they have very little access to credit.

Confidence is definitely returning to people though, in the last 6-12 months I've seen more people changing/acquiring jobs, buying big things like vehicles and houses and overall loosening the purse strings more than they have in the previous four years, combined.

To a certain extent I agree that we got off lightly, but it depends on what your perspective was. The population can generally be separated into two groups of people - those whose career was decimated by the collapse and lost their job or took a massive paycut, and those who were largely unaffected aside from a 5-15% paycut.
This has left us with one group still receiving relatively good wages, and a second group relying solely on benefits or struggling on a tiny wage.
From the former's point of view, we got off lightly. From the latter's, it's been 5 years of hell.

Pherekydes

Yes, it's improving, in the same way a person with cancer gets a little better before they finally relapse and die.

gurramok

seamus wrote: »

Unemployment rates have stabilised...

buying big things like vehicles and houses and overall loosening the purse strings more than they have in the previous four years, combined.

.

Unemployment stabilised = Emigration. Full time employment figures have fallen.

Buying cars = car sales are still down.

Buying houses last year = to avail of MIR.

Conmaicne Mara

WanabeOlympian wrote: »

Have you noticed any improvements at all in the economy? what about your local town or if you run a business, have you noticed your business pick up lately?
We often hear about how bad things are and for a reason! So I thought i'd start a thread that offered people a platform to talk about economic improvements that they have spotted.

Got a letter from a local pol today, gushing about two new projects for her area, one of which will never affect me in any way, the other may.

But, the one letter was sent to two of us in this house, so no, the economy is still ****ed

Until I see letters sent for individual potholes fixed I will stay of the same opinion :cool:

runawaybishop

WanabeOlympian wrote: »

Have you noticed any improvements at all in the economy? what about your local town or if you run a business, have you noticed your business pick up lately?
We often hear about how bad things are and for a reason! So I thought i'd start a thread that offered people a platform to talk about economic improvements that they have spotted.

My company didn't really suffer during the recession (I.T.) and is performing quite strongly now compared to the US and European branches.

If anything there is a lack of people applying for the positions we advertise, not just a lack of people with the right skills.

Mr. CooL ICE

Jimmy Garlic wrote: »

Sligo - Dieing
Limerick - Dieing
Waterford - Almost dead

Countless other towns on the ropes and going down the toilet. Almost no industry of any significance. The whole economy was based around easy credit, now the easy credit is gone. A government that only looks after themselves and the interests of their masters.

A lot of towns were going to suffer regardless of an economic downturn. I grew up in a town that was on the old Cork-Dublin road, which has since been bypassed by the M8, and now suffers greatly from a massive drop in business by passing traffic.

Even Cashel is a mess. It used to be a bustling thriving town, but business tourism nosedived once the motorway opened.

John.Icy

Duggys Housemate wrote: »

ah, no. To be fair we did have a real economic crisis.

No we f*cking didn't.

Seriously anyone in Ireland who lives in a house and has the f*cking internet of all things and complains about how poor and **** Ireland's economy is, there's one place to send you all, AFRICA.

Jesus Christ. Ireland has to be the most f*cked up place in the world. Must you all bloody complain that you can't upgrade your car this year, you can't go out to the pub as much, your phone is out of date by a year??? Get a f*cking grip on all your lives now.

Look at Africa, a place where poverty and lack of money is real. Living in their own ****, family members dying daily, children not living past a few days.

AND WE HAVE IT BAD DO WE????

The majority never lost their houses, cars, phones, internet. People are so poor they can't buy food

Yeah that's exactly why like half of Ireland is fat.

Economic crisis and poverty. Ireland doesn't even know the half of it.

I'm out.

Duggys Housemate

John.Icy wrote: »

No we f*cking didn't.

Seriously anyone in Ireland who lives in a house and has the f*cking internet of all things and complains about how poor and **** Ireland's economy is, there's one place to send you all, AFRICA.

Jesus Christ. Ireland has to be the most f*cked up place in the world. Must you all bloody complain that you can't upgrade your car this year, you can't go out to the pub as much, your phone is out of date by a year??? Get a f*cking grip on all your lives now.

Look at Africa, a place where poverty and lack of money is real. Living in their own ****, family members dying daily, children not living past a few days.

AND WE HAVE IT BAD DO WE????

The majority never lost their houses, cars, phones, internet. People are so poor they can't buy food Yeah that's exactly why like half of Ireland is fat.

Economic crisis and poverty. Ireland doesn't even know the half of it.

I'm out.

So not as bad as Africa then = no economic crisis. That means we never ever had one. Nobody ever did. Outside Africa. There was no depression in 1930's, no economic crisis in Germany. Nothing. This isn't an argument, its like a millionaire saying he isn't rich because "LOOK AT ROMAN ABROMOVICH:

And most of Africa is nowhere near as bad as that scenario would indicate. Some parts of Africa are already richer than the poorer parts of Europe.

hfallada

Yeah traffic in Dublin is now a serious **** again.4 years ago it used to take me 10 mins to get into town. Its now 90 mins again

runawaybishop

John.Icy wrote: »

No we f*cking didn't.

Seriously anyone in Ireland who lives in a house and has the f*cking internet of all things and complains about how poor and **** Ireland's economy is, there's one place to send you all, AFRICA.

Jesus Christ. Ireland has to be the most f*cked up place in the world. Must you all bloody complain that you can't upgrade your car this year, you can't go out to the pub as much, your phone is out of date by a year??? Get a f*cking grip on all your lives now.

Look at Africa, a place where poverty and lack of money is real. Living in their own ****, family members dying daily, children not living past a few days.

AND WE HAVE IT BAD DO WE????

The majority never lost their houses, cars, phones, internet. People are so poor they can't buy food Yeah that's exactly why like half of Ireland is fat.

Economic crisis and poverty. Ireland doesn't even know the half of it.

I'm out.

A guy sitting in front of me on the bus was lamenting about the terrible state of the economy - you'd swear he hadn't a penny to spend the way he went on. His diatribe was slightly spoiled by the fact that the bus was a transfer bus taking us from the airport to a resort in the Algarve.

Surveyor11

I live and work in Dublin, I can see a bit of a pick up in certain areas. My industry (construction) is still on the floor and unlikely to recover to where it would make up a healthy proportion of the economy for the next 10 years at least. In saying that, we do a lot of work for tech companies setting up / relocating in Ireland - seems to be no shortage there, and each company we've done projects for is hiring and extending their office space or relocating.

I notice a big difference down the country. My home town (Waterford) is scarily depressed (from what I can see). Lots of vacant shops, Pubs empty or on curtailed opening hours, loads of places closed down, people have sort of given up hope. It's really sad to see.

John.Icy

Duggys Housemate wrote: »

So not as bad as Africa then = no economic crisis. That means we never ever had one. Nobody ever did. Outside Africa. There was no depression in 1930's, no economic crisis in Germany. Nothing. This isn't an argument, its like a millionaire saying he isn't rich because "LOOK AT ROMAN ABROMOVICH:

And most of Africa is nowhere near as bad as that scenario would indicate. Some parts of Africa are already richer than the poorer parts of Europe.

It takes the dire case of parts Africa for some people to realise just how good they still have it in life.

Duggys Housemate

John.Icy wrote: »

It takes the dire case of parts Africa for some people to realise just how good they still have it in life.

We are now down to "parts of Africa".

Still not an argument - unless you get to the very poorest part of the Earth, or the poorest person, isn't everybody else is richer and luckier? Are they poor in Nigeria? Per-capita income is $2,500.

On the face of it, yes. But Burundi at $300 is almost ten times worse. So no.

Rubbish argument.