IBEC seeks 3% cut in welfare payments

[grainne whale]

Yeah, employers are bsatards...we'd be far better off if we didn't have any employers at all.

Glad to see that you are still in employment!!

[atlantic]

Seeing all employers are toerag,capitalist pigs,can you make any helpful suggestion how we start to employ people?

IBEC are leeches who want to suck the blood of the lower classes in Irish society.

[sandar]

Eh, no, that's not how it works, because income derived from Social Welfare can only come from 2 places, borrowing and taxes, both of which are economic depressants.

Social Welfare systems exist to protect the vulnerable, not buttress consumer demand.

If you want to create consumer demand, you look at transaction taxes.

transaction taxes were cut in Britain to stimulate demand, they havent worked. They dont work in a recession for two reasons, 1)some people have lost their jobs, the result is they have less money, if they go onto JSA over here then they will have taken at l;east a twenty percent drop in income, cutting VAT by a few percentage doesnt make up for that, so they still have less purchasing power, therefore the economy isd not stimulated.
2)In addition to the 5 who have alreday lost their jobs, their will be those who ferasr they might, and will not spend money on the luxury or discretionary items at the top of the VAT sclae, so while their spending power remains the same notionally, they will cut back discretionary spending because of the lack of consumer confidence meaning that they will not excerciase their spending power, and a few percent off VAT will not solve that.
3)OBanks get much more onery about overdrafts and credit card limits, meaning peoples spending power is reduced on that side as well, so a small VAT reduction is ireelavnt.

This is what has already happened in Britain, and the idea of forcing wages to a lwoer level until equilibrium point is reached, was an orthodoxy in economics until the great depression, which showed it didnt work.
Social Welfare increases would not be merited, but maintaing it at its current level is merited.

[Dynasty]

IBEC had better shut its filthy trap if it knows what is good for it. More than any single group those basta*ds are responsible for what has happened to this country: they are the ones who demanded deregulation, massive coprorate welfare which clearly has done nothing for the country (if it worked like they claimed, we wouldnt be in this situation) and now, they demand a savage blow to the miniscule incomes of people who have paid the price of their sickening and incompetent greed. Christ almighty! Do these guys MEAN to start a revolution or something? They're going the right way about it.

there is alot out there agree with 100%

[selfemployedmar]

IBEC are not representative for most employers and they do not have a mandate to speak for us, neither has ISME and to be honest most of us wouldnt even allow them to do so, as they are not in the real world either..I have experience of ISME in the past and was disgusted, most of my contribution went towards jollies, expensive suits etc etc as there legitimate expenses! Business people stopped contributing to them and they dont have a huge membership and they only peddle rubbish anyway.

[selfemployedmar]

I have sick of unions, GRA, IBEC, ISME, greedy bankers, dreadful government policies, all to protect the big guys, these are all bringing this country to its knees, and the sooner decent people wake up to this we might have a country we could be proud of once again

[selfemployedmar]

And dont start me on the CIF and there stupid wage agreements that priced us out of the markets!!!!!!!!!!!!!!!!!!

[wexfordman]

I have sick of unions, GRA, IBEC, ISME, greedy bankers, dreadful government policies, all to protect the big guys, these are all bringing this country to its knees, and the sooner decent people wake up to this we might have a country we could be proud of once again

Yep, we need to seriously curtail the influence of all of these bodies, we need truly independent expert advice and representation.

in fact I propose the best possible measure in the upcomming budget is to tax the fock out of employee and employer unions. Leeches all one and the same!!

[onthefence]

IBEC are not representative for most employers and they do not have a mandate to speak for us, neither has ISME and to be honest most of us wouldnt even allow them to do so, as they are not in the real world either..I have experience of ISME in the past and was disgusted, most of my contribution went towards jollies, expensive suits etc etc as there legitimate expenses! Business people stopped contributing to them and they dont have a huge membership and they only peddle rubbish anyway.

IBEC dont depend on member subscription I understand they get a nice lump sum from the EU or Irish government or both!

[wexfordman]

IBEC dont depend on member subscription I understand they get a nice lump sum from the EU or Irish government or both!

If they do, thats out of order. Do you have any specifics on this ? Although I suppose its comparible to tax releif on union membership!!