Well we've had boom time recently & as we know we've a large public sector whose wages are set by the government. Even Mary Harney, a purported free-marketeer, couldn't restrain herself in Health & was spending way over the rate of inflation.
Great to take pick some money from the magical tree if you're a lazy spin-meister politician.
ISME are now warning
It's been very easy for the government to fritter away the boom as everyone's have been rising so we haven't noticed that we are paying more in total taxes. The public sector have jobs for life, full pensions & are unfireable (even if they run a brothel from work). There will be a downturn after this boom at some time & the PAYE workers will still have to fund the greedy public sector.Commenting on the CSO figures, ISME chief executive, Mark Fielding, says the public sector pay be brought under control as a massive 44pc gap has been allowed to develop between the private and public sector in the last number of years due mainly to the ineffectual bargaining by the Government.
"We now have a surreal situation in which a sector of our economy already better paid than their counterparts in the private sector, are lining up their claims for a shorter working week - being paid more for working less. No matter how we look at it, higher pay means higher taxes, whether they are disguised as 'charges' or stealth taxes. The myth of a 'cost neutral' reduction in hours must be challenged and nailed once and for all," said Fielding
The government have bought this election alright, just nobody noticed, this will make the 1977 spend look like a minor error.
cYp



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