With everything going down the tubes in this country, do you think we'll see a big reduction in living costs? I know prices have come down to a certain extent, but still seems to be more expensive than the UK and pretty much any other country I've been to in the EU lately. If or when PS/CS wages and welfare are cut in the next budget or if there are big income tax hikes and other hikes, people will have less money to spend, will this bring about changes in the cost of living?
Can ESB and Bord Gas prices come down with their employees earning so much money? Will the cost of doing business come down, i.e. insurance and overheads, to make it easier for restaurants etc to function? Was Ireland a cheap country for visitors before the boom? I'm too young to remember! Opinions welcome!