Best of luck to all manning the pickets today!

[pd_phoenix]

Will you cheer when they decide to tax pocket money or the Beano?

I'm sure he won't be as immature as those today and go out striking

[hammer]

If you take significant spending out of the economy then some businesses will fail. Their staff will go on the dole. Tax revenue will reduce and SW spending will increase. It is entirely conceivable that the ultimate result would be increased government expenditure.

Is there any precedent for a country deflating its way out of recession?

Its €125 net per PS worker. It will reduce their savings not their expenditure.

[YoungLiberal]

Will you cheer when they decide to tax pocket money or the Beano?

I see what you've done there. I've the word 'young' in my moniker, so you're implying that I am a child. Very good, old chap.

[myksav]

I could quote the Mercer Consultants study which found only 9% of folks have taken a pay cut.

Sweet mother divine, I must know all 9% as just about everyone I know working has taken a cut in wages, from 5 to 20%.

From an opinion poll. The opinion is that 91% of private workers have not taken a pay cut.

I wonder what percentage the 350,000 newly unemployed works out to?


Ah, an opinion poll. The thing used and complained about since the last two referenda. And depending on whether the poll results suits, determines whether it is used.

[hammer]

Before any of these reports are published the following should be stated

1. Who paid for the report
2. What were the terms of reference
3. What was the size of the sample
4. What sectors of private business were sampled

[Dreaded_Estate]

You think there can be consequence free cuts?

You think there can be consequence free borrowing?

[irish_bob]

considering over 15% of the private sector have lost thier jobs in the past 18 months , this would mean only 15% of remaining private sector workers could have taken a pay cut as according to the report 70% have not seen any reduction in take home pay , its bollocks and anyone with an ounce of sense knows it

[pd_phoenix]

Before any of these reports are published the following should be stated

1. Who paid for the report
2. What were the terms of reference
3. What was the size of the sample
4. What sectors of private business were sampled

I thought it was an online opinion poll, if thats the case it should be disregarded completly

[Baron von Biffo]

I see what you've done there. I've the word 'young' in my moniker, so you're implying that I am a child. Very good, old chap.

More to do with the content of your post

[toughbutfair]

If you take significant spending out of the economy then some businesses will fail. Their staff will go on the dole. Tax revenue will reduce and SW spending will increase. It is entirely conceivable that the ultimate result would be increased government expenditure.

Is there any precedent for a country deflating its way out of recession?

So , we should increase spending? cut taxes?