Fate of the nation (take a moment, it's a toughie): we can either go with Sweary Mary or Mac the Knife:
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Fate of the nation (take a moment, it's a toughie): we can either go with Sweary Mary or Mac the Knife:
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You should listen to my bias, not the other side’s bias.
If you want to read some arguments that state government budgets and finances are not like the private citizens home budget here is a link that spells some of it out.
conclusions:Cuts do not equal savings. Cuts degrade economic activity with only a marginal impact on borrowing. The next time a commentator says ‘we’re borrowing €400 million a week’ as a justification for more spending cuts, they can easily be answered: cutting spending won’t affect that ‘€400 million a week’ and it may only make things worse.progressive-economy@tasc: Economically damaging and fiscally irrelevantIn other words, such are the downside risks to the ESRI estimates, that we may experience perverse results: that the fiscal deficit burden may actually rise as a result of public spending cuts.
Bit like the Titanic, steady as she goes.
"Sinn Fein's Mary Lou McDonald pointed out that Mr O Snodaigh had not broken any rules and that the system was at fault."
Does this hold true still?
"Internationally, we are now held up as an example of a country that is facing up to its economic difficulties and taking the necessary action. Now that we have begun to stabilise our public finances, we can take the necessary measures to return to economic growth and to create and protect jobs."