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Thread: 20% of tax take to pay debt by 2014

  1. #11
    Politics.ie Regular sauntersplash's Avatar
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    Quote Originally Posted by Cassandra Syndrome View Post
    Next thing we will be appearing on one of those Ocean Finance ads!
    Very funny.
    "Well, while I'm here, I'll do the work - and what's the work? To ease the pain of living. Everything else, drunken dumbshow." - Allen Ginsberg Memory Gardens

  2. #12
    Politics.ie Member hammer's Avatar
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    Ireland Inc. wouldn`t even qualify for a sub prime mortgage / loan at this stage

  3. #13
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    To date the worst economic mismanagement the country has ever seen - Cowen has tripled the national debt in two years and then some. It will be 6 times higher when he leaves office than when he started. Criminal.

    Previous winners -
    Jack Lynch - 17% deficit
    Garret Fitzgerald - deficits over 8% for five years, doubling national debt early in process.
    CJH's GUBU goverment - public sector pay bill ramped up. Although in fairness to Haughey he did redeem himself in 1987 by cutting deficit from Fitzgerald's 8% to 3% for his period of 5 years.
    "Give me control of a nation's money and I care not who makes the laws." Mayer Amschel Rothschild (1744 -1812).

  4. #14
    Politics.ie Member hammer's Avatar
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    Cant blame BIFFO solely. BERTIE the spoofer has to share the majority of the current slump.

  5. #15
    Politics.ie Member Digout's Avatar
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    Quote Originally Posted by Congalltee View Post
    To date the worst economic mismanagement the country has ever seen - Cowen has tripled the national debt in two years and then some. It will be 6 times higher when he leaves office than when he started. Criminal.

    Previous winners -
    Jack Lynch - 17% deficit
    Garret Fitzgerald - deficits over 8% for five years, doubling national debt early in process.
    CJH's GUBU goverment - public sector pay bill ramped up. Although in fairness to Haughey he did redeem himself in 1987 by cutting deficit from Fitzgerald's 8% to 3% for his period of 5 years.
    Leniahan has doubled our national debt in just 18 months, thats damn impressive.

  6. #16
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    Thread Title amendment request

    Thread Title amendment request

    20% of taxes will merely service the debt (that is, pay the Interest)

    I hope people realise how bad things are

  7. #17
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    Quote Originally Posted by snacksandfizzydrinks View Post
    Thread Title amendment request

    20% of taxes will merely service the debt (that is, pay the Interest)

    I hope people realise how bad things are
    I tried to change i.Not sure if it worked. In my defence, it was a direct copy of the Newspaper headline that I quoted.
    We have turned the corner.I commend this Budget to the House. Brian Lenihan, 9 December 2009

  8. #18
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    Quote Originally Posted by hammer View Post
    Cant blame BIFFO solely. BERTIE the spoofer has to share the majority of the current slump.
    Cowen is still there. Bertie is a hasbeen. And after Mahon he will be a completely disgraced hasbeen.

    Focus on Cowen. Hammer him. Lenny is untouchable.
    "Give me control of a nation's money and I care not who makes the laws." Mayer Amschel Rothschild (1744 -1812).

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