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Thread: Cowenomics - Where has it brought us?

  1. #1
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    Cowenomics - Where has it brought us?

    "Is this where Cowenomics has brought us?" asked Joan Burton in the Dail today.

    Since he's been in the driving seat for the last four years*, can anyone give a definition of Cowenomics?





    (*this weekend is the 4th aniversary of him becoming minister for finance)
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  2. #2
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    Re: Cowenomics - Where has it brought us?

    Cowenomics-noun referring to the economic policy of the great Biffo. Involves doing nothing and then blaming everything on the "f@*king blueshirts" expecially that gombeen Enda Kenny. In fact the only thing that is actually done in pursuing this economic policy is the setting up of many many pointless committees. It gives "laissez faire" capitalism a whole new meaning
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    Re: Cowenomics - Where has it brought us?

    Let me steal the quotes that'll involve lots of "bull" and "no moooney"
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    Politics.ie Regular flavirostris's Avatar
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    Re: Cowenomics - Where has it brought us?

    Its the monetary equivalent of driving headlong into a slurry pit
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    Re: Cowenomics - Where has it brought us?

    and soon to be "milking the public"?
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    Re: Cowenomics - Where has it brought us?

    This thread is bullsh1t. A taoiseach, the ecb, the eu, ibec and public sector unions yield more power that a minister for finance. He is merely there to enforce the taoiseach's will. We have been in the tailend of the economic philosophy of patrick bart ahern which was:The squeaky wheel gets the oil. Since Cowen has taken over, he has been a conservative presbyterian in comparison.
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  7. #7
    Politics.ie Regular Keith-M's Avatar
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    Re: Cowenomics - Where has it brought us?

    It got Joan Burton on TV, that's about it.
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    Re: Cowenomics - Where has it brought us?

    Must have been great sitting in that position being told by domestic and American economists and corporate heads that the irish were great capitalists altogether, best country to live in the world, that the best he could do was keep government out of the economy i.e. do less, that ever lower taxes would magically produce tax surplusses forever by continually stimulating the economy. We can only hope he (or more likely someone in his advisory circle with a bit of nous, any suggestions?) has had an economic shakabuku and will find the right direction.

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    Re: Cowenomics - Where has it brought us?

    Cowenomics: Strip the state assets and sell them on to profiteers who donate to the FF party

  10. #10
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    Re: Cowenomics - Where has it brought us?

    BBC has just a run with an item naming Ireland the 'first EU country to enter into recession'.

    Saw the CSO press conference on RTÉ earlier, but didn't realise we were the first EU Country.

    Cowenomincs is at the very least partly to blame, a man who looked at an ridiculous dependency on the property sector and said 'who cares? Nothing to see here. Move along now' and predicted what the late Seamas Brennan would call 'back of the envelope' growth figures for his election promises.
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