I have no doubt that Kenny and Noonan have good intentions but can you see these men throwing down the gauntlet to force radical change to IMF/ECB policy… no these guys will not rock the boat for the are bonded to their masters
We are a country blitzed by the imposition of austerity…no credit, mounting household debt, high unemployment, plummeting standards right across the broad spectrum of education/social services and finally the Government selling off the what remains of the family silver. Light at the end of the tunnel I don’t think so all I see is devastation and more ruin. Given the level of mounting Government debt at some stage we are going to reach the point of no return and what then. Do we have to wait until the bitter end to face face reality.
Cutting public sector jobs means higher unemployment and fewer people in work paying taxes
Freezing public sector pay and higher unemployment means less disposable income to be spent in the private sector, with a knock-on effect on private sector jobs
Cutting business taxes means less revenue to close the deficit and pay off our debt.
The government is presenting its plans as simply ‘dealing with the deficit’, but that is a smokescreen for another agenda. The government wants to cut and privatise public services because it believes in a market for even essential goods and services; that business should be free to extract profit from any public service, even schools, hospitals, welfare ETC.
The government’s policies are failing because the public sector is not the real problem.
Instead of solving the crisis, these policies are making it worse.
In Spain the unemployment rate is now 25%, while youth unemployment is over 50%.
We are the 99% – and as an end game harassing the 99% cannot not work.
Wages have disportionately . Inflation has been higher than the annual increase in pay. This fall in real wages means we are able to buy less with our money than before, as we have less disposable income.
. . . .
Redistribution: to the 1%
Why is this happening and where is the money going? At the same time that wages and other income has been squeezed for the majority of people, a few people at the top are doing better than ever A few at the top are getting very rich by cutting pay and pensions for the rest.
Freedom of information
The very fundamentals of democracy are build on freedom of information and yet on a worldwide basis it appears to be politicians want to squeeze the information been fed to its citizens. Why will the Irish/EU not release the full details of the bailout agreement to its people.
Cutbacks In in education will mean will mean we revert to being a nation of unskilled factory workers.
What next immigration to Bangladesh?
Education is one of the few remaining life lines open to the country
No sell off of public utilities
Everywhere this has happened it has been an unmitigated disaster
A banking system that works for people not profit
Some of the banks that were bailed out by the government are still using loopholes to advise their corporate and wealthy clients how to avoid paying tax.
They have also laid-off thousands of their own staff to maintain the greed at the top. It feels like we have nationalised the debts while the profits are privatised.
The banking collapse, which caused such economic damage , means the finance sector has lost the right to carry on as before. It must now act in the public interest; publicly owned and controlled.
The money, real money, that is held by the finance sector is ours anyway: our pension funds, our savings, and the cash in our current accounts. The rest of it is credit – electronic money (as over 90% now is) created out of thin air by the banks to lend. The banks are given the right to create credit by governments.
We therefore need the government to ensure that when banks create credit, or lend or invest with our savings or pension funds, they are doing so in our collective interest.
That means investing in infrastructure like new council housing not lending recklessly and creating a housing bubble (and inevitable crash). It means investing to create new jobs in renewable energy rather than speculating on food prices to profit from starvation. And it means investing in new businesses and ideas, not getting windfall dividends and bonuses for merging existing businesses and laying-off staff.
Essential public services are being cut back and privatised, and people’s living standards have been falling , both for those in work and even more so for those unemployed.
There are social consequences too, which have clear financial costs.
Research from previous recessions shows that the increased financial pressures push more people into depression and substance abuse, means couples are more likely to separate, and suicide rates increase.
Politics is about choices – and there is always a choice and always an alternative. Because there always is an alternative but yet we are continually fed the mantra there is no alternative to austerity.
There is an economic crisis – one of rising unemployment, inequality and economic stagnation. Austerity isn’t working, and is not producing the economic growth that the government promised it would. But it is not just growth that matters. If we value people’s lives as more important than simply making more transactions, then the relevant tests for judging an economic recovery are:
Is unemployment falling?
Are people’s living standards rising
Is inequality reducing
Is the tax gap closing?
These are the tests against which we should measure the government’s economic strategy and proposals.
Also the government we have appear to be incapable of showing any leadership whatsoever. They sheep like continue to follow the dictate of their masters…Ollie Rehn. “the eurozone has shown a degree of resilience and problem-solving capacity that many observers and policymakers would not have predicted even a year ago”…Commission chief Jose Barroso insisted that the policy(austerity) is “fundamentally right” and working in Ireland, a risible statement if ever.
We need a leadership that knows how to play rough and this was familiar territory for the IRA. The lesson learnt was once the financial heart of London was bombed peace was in the making.
If the politicians do not heed the wishes of the electorate what then, protest marches …if they still do not listen…civil disobedience… if they still remain deaf well the options narrow. Revolution,guns , violence bombes I hope not.
May common sense prevail