Fergus Finlay in yesterdays Examiner

[clairec]

Public sector pay cuts unfair and counter-productive on the tax front | Irish Examiner

I was surprised at the inaccuracies in this article.


"But for years and years public service pay in Ireland was calculated on the basis that the value of the pension had to be taken into account when making comparisons. In other words, public service salaries tended to be lower than those in the private sector because there was more security in the public service and the pensions were related to income rather than to the contribution made. "

When was public sector pay lower than private sector pay? Was it not higher even before benchmarking?



"The actual figure is about one-third. Public service pay is about one-third of public spending. So every €3 you take off a public servant should give you about €1 in public spending cuts."

What sort of logic is this? Is he mising up € and % or something. €3 is €3.

Yes the net impact of a €3 cut in public sector pay is less than €3 because of the loss of tax but he deals wih that later and conclude you have to cut pay by €4 to save €1.

[Clanrickard]

Public sector pay cuts unfair and counter-productive on the tax front | Irish Examiner
I was surprised at the inaccuracies in this article.
Yes the net impact of a €3 cut in public sector pay is less than €3 because of the loss of tax but he deals wih that later and conclude you have to cut pay by €4 to save €1.

Fergus is a socialist so inaccuracies are par for the course. This guy was NO cuts to public sector wages, NO cuts to social welfare but the mugs who have to work every day have to stump up more. He is a clown pure and simple like the Labour politicians.

[hammer]

In the 90s the pay was quite similar but the public servants were looking at the financial services industries complaining that they weren`t earning enough and that a Garda who married a Nurse couldn`t get on the property ladder.

Along came Santa Bertie and the clown McCreevey ( if we have it we`ll spend it !!!!! ) and gave the public servants benchmarking so they could pay inflated property prices to the friends of FF and keep the pyramid scheme going. The amount of money that the public servants paid in Vat to the exchequer through house purchases kept the money - go - round going

[anchor]

Public sector pay cuts unfair and counter-productive on the tax front | Irish Examiner

"The actual figure is about one-third. Public service pay is about one-third of public spending. So every €3 you take off a public servant should give you about €1 in public spending cuts."

What sort of logic is this? Is he mising up € and % or something. €3 is €3.

I think what happened here is that the € symbol was printed rather than a % symbol. The line makes sense when he says that reducing public sector pay by 3% will result in in 1% reduction in overall public spending.

[Harmonica]

But for years and years public service pay in Ireland was calculated on the basis that the value of the pension had to be taken into account when making comparisons. In other words, public service salaries tended to be lower than those in the private sector because there was more security in the public service and the pensions were related to income rather than to the contribution made.

That is basically a lie. Benchmarking I did not include pensions. Benchmarking II gave minimal increases because pensions were added. I believe benchmarking makes the incorrect assumption that all private sector workers have pensions.

[birthday]

[QUOTE=clairec;2282426]Public sector pay cuts unfair and counter-productive on the tax front | Irish Examiner

This guy Finlay is something else.
He has a slot on RTE Drivetime each week where he whinges and whinges about 'the most vulnerable and weakest'.
Does it not occur to him that if the govt wastes so much money on excessive salaries, inefficiency, persistent underperformers and absentees and general waste in the unsackable public service that it will not have the revenue to seek to address some of the glaring inequalities that he highlights each week.

This is dishonesty of the highest order unless he believes that money grows on trees!

[irish_bob]

fergus ( no child should have to make do with hand me down school uniforms ) finlay is an idiot of the highest order , he is the quientesential champagne socilist

he came out this cracker a week ago on rte , if they dont reinstate the xmas bonus , their are people on social wellfare who will go hungary this christmas , this despite the fact that deflation is officially running at 6% , he should take a trip out to the many sink estates around ireland and pop into the local off licences and bookies and ask them who thier best customers are , the man is a clown posing as an intelectual , luckily for him , no one at the state broadcaster ever tries to scrutinise what he says , instead they sit back in awe of the mans hunmanity , without a doubt the most tedious and possibley the smugest man in ireland

[darkhorse]

when bernados gave fungus the job as chief cryer, they broke the relationship between charities and the broad spectrum of society. fungus never appologisied for being a lefty and used socialist terms to try to extract money for their ventures. but the more charities, such as his, become left wing the more they alienate their potential financiers. his leadership is likely to be very damaging to the future funding of bernados - but probably of great advanatge to his own career.
cynical in the extreme...

[terence]

Cannot stand Fergus Finlay.....For the past 3 years Barnardos has been advertising daily in the majority of national papers, I would love the cost of this useless campaign to be known, most probably out of the charities own funds and what purpose has it served and what goal this costly useless expense has achieved?
If the social welfare do not want to go hungry this Christmas with no bonus, tell them to plug out their oversized outdoor christmas tacky lights and keep the cost of thier esb down...
Fergus your fooling nobody and by the way how much do you earn a year?