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Thread: Slum State

  1. #1
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    Slum State

    I'd be interested in people's reaction to the 'green' deal and its implications for Ireland.

    My own view is that focusing on side issues like 3rd level fees while the economy burns is a bit rich. Given the amount the government are borrowing and spending, the tax burden is going to go through the roof. This will result in people on low incomes (as well as high incomes paying extortionate levels of tax just to fund the government and its pathetic services. This is a recipe for economic collapse and decline.

    Re green jobs, make no mistake these are not real jobs, they are or will be jobs paid for by every taxpayer in this country. Colm McCarthy had a good article on the greens wicked plans in yesterday's Irish Times.

    Green plan a recipe for fudge and confusion in economic policy - The Irish Times - Fri, Oct 09, 2009

    Anyway, when all the jobs for the boys and the outrageous government spending is finished with the country will collapse, crawl with the begging bowl to Europe or the IMF and be told to do what it should've done in the first place. Deal with the crisis, cut spending and if you're really interested in education, cut your teachers salaries back to German levels and get class sizes up that way...but we know what's going to happen, Ireland is becoming Jamaica...

    For the truth, rather than self delusions,

    libertyireland.wordpress.com
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  2. #2
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    I share your frustration with the Greens but the IMF will not do what needs to be done, they would completely wreck the place, permanently. Please read Stiglitz or read about what is happening in Latvia.

  3. #3
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    Re: the IMF, when the IMF come in they deal with the symptoms of a crisis, they are not the cause of the crisis.
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  4. #4
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    Quote Originally Posted by cd27 View Post
    Re: the IMF, when the IMF come in they deal with the symptoms of a crisis, they are not the cause of the crisis.
    They deal with the immediate symptoms in an effort to pay the creditors of the country. There's little or no long-term planning for future prosperity. Then again, the same could be said of the current lot.

  5. #5
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    you said it Derek, I wonder will they be in by December or will it be the new year?
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  6. #6
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    cd27, the green members couldnt care less about the economy, some would see it as a benefit as it would reduce our CO2. Your dealing with the hardcore supporters that voted for the PfG, they told me that nama didnt matter! If it didnt matter why not use the 54billion to build wind farms across the country with the money.

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    I'd love the job. I'd cut expenditure by at least 30% via waste, wage cuts and providing more crowded schools,hospitals etc

    It'd be no big deal and people would just have to suck it up, stop bittching and get on with it.

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    you'd love watching the misery of people...oh dear.

    it was a complete green sell out on NAMA, no doubt about it, at least there'll be no money for their silly ideas
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  9. #9
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    Top economist says Irish crunch will last 52 quarters, speaks for itself,

    True Economics: Economics 27/10/2009: Recessions, Busts and Crunches

    roll on 2020!
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  10. #10
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    I found the above prediction truly shocking, even though I'm a realist on these issues
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