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This is a discussion on 3.7 billion deficit in Q1 - Lenihan says economy is "weak" within the Economy forums, part of the Topical Discussion category on Politics.ie. Originally Posted by Adrian Veidt The Nutters have taken over RTE drivetime today. Joan Burton and Dan Boyle! FFS why ...
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That's why we ended up exactly where we are. Its not because of some golden circle. Its not because of the Department of Finance. Its not even particularly because of the so-called social partners. Its because the country, mostly, consists of complete feckin eejits. For the sake of argument, why has the housing market ground to a halt? Because the feckin eejits who built houses can't figure out that the price they want is unrealistic. Why are people shopping in the North? Because the fecking eejits who work in retail can't figure out that they need to drop prices too. Why is unemployment increasing? Because another group of fecking eejits can't figure out that their labour is worth a lot less than they thought. We could go on, but we'd only get frustrated. A more positive point would be to think about whether its possible to reform feckin eejits, or whether its kinder in the long run just to shoot them.
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| Why is this party still running the show here? If this was a boxing match the ref would have stopped it ages ago. They have done more than enough damage to the country and its reputation. LENIHAN AND FF SHOULD DO THE DECENT THING AND RESIGN NOW.
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Have you seen the price of bullets lately? |
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| PLEASE change the record. It doesn't have to be done fairly. It has to be done in whatever way accelerates us out of this recession as soon as possible.
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Time to accept that Dell will quit city, says Mayor - Limerick Leader The Mayor of limerick called on the Government to start a housebuilding programme to "keep the economy afloat." Thank god we will be saved next week with the budget of a thousand houses... |
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| I know it does not increase the calculated deficit,but borrowing money at high interest rates to invest in a bear market is insane.One of the first things we learned in our economics class 30 years ago was never borrow money to invest in the market.It's even more valid now. |
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Your argument is anyway a bit simplistic - a bit like saying don't invest in a pension until you pay off your mortgage.
__________________ There are times when you are simply required to be impolite. There are times when condescension is called for! - Aaron Sorkin writing as President Bartlet to Obama, NYT 21/09/2008 You can't build a smart economy based on dumb decisions. - Richard Bruton 18/12/2008 |
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